MK2 Opens Capital to Public for First Time in 52-Year History, Seeks €5 Million for Paris Multiplex Overhaul
By
Elsa Keslassy
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Summary
French arthouse cinema group MK2, a family-owned company with five films in competition at Cannes (winning four prizes), is opening its capital to the public for the first time in 52 years. Led by brothers Nathanaël and Elisha Karmitz, the company has launched a crowdfunding campaign on investment platform L to raise up to €5 million ($5.8 million) to finance an ambitious overhaul of its flagship MK2 Bibliothèque multiplex in Paris.
Key quotes
· 3 pulledFrench cinema group MK2 – the family-owned company which had five movies in competition at Cannes and won four prizes — is opening its capital to the public for the first time in its 52-year history.
Led by brothers Nathanaël and Elisha Karmitz, the company runs a revered arthouse cinema chain across Paris and has launched a crowdfunding campaign aimed at financing an ambitious overhaul of its flagship MK2 Bibliothèque multiplex in the French capital.
MK2 is seeking to raise up to €5 million ($5.8 million) from the public through a campaign launched on investment platform L
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