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Could Ripon's Curzon cinema be set for a revival?

Wednesday, 13 November 2024 08:03

Could Curzon Cinema in Ripon be set for a revival? (Image: Visit Ripon)

Ripon's Curzon cinema could be set for a revival after the chain was acquired by Poundstretcher owner Fortress.

The group has 16 cinemas across the UK - including in Ripon, which closed in June last year.

But the cinema could yet be revived, after Fortress Investment Group announced that it has bought the chain for an undisclosed sum.

Curzon remains one of the oldest cinema chains in the UK.

It was first established in 1934 by Harold Wingate, with its first site in London’s Mayfair, before being acquired by billionaire Charles Cohen in 2019.

However in recent years the company had been making a loss.

It was put up for auction earlier this year, alongside its distribution arm and streaming platform.

Allison Swayze, the managing director at Fortress, said:

“Curzon is an iconic film company, with global recognition for its long legacy of releasing and connecting independent and critically acclaimed films to UK audiences.

“We’re pleased to acquire Curzon, and bring our support to the company’s dedicated team.”

Fortress said the deal would secure the jobs of 350 staff.

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