Curzon Appoints Philip Knatchbull as Interim Executive Chairman

LONDON--(BUSINESS WIRE)--Dec 2, 2024--

Curzon today announces the appointment of Philip Knatchbull as Interim Executive Chairman.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241202236821/en/

“I’m very excited about the next stage of the Curzon journey and am looking forward to reuniting with so many of my colleagues in this new role,” said Philip Knatchbull. “I spent almost 18 years building Curzon to be the hugely respected brand it is now. I trust the team I assembled, and know the company and the industry incredibly well. I return during a pivotal moment for the industry with full confidence in Curzon’s ability to be a strategic and cultural leader."

“Leadership is deeply rooted in Curzon’s history – from being one of the first cinema companies to import European and world cinema in the 1930s, to being among the first global film companies to identify the growing influence of streaming platforms and new production studios. During my tenure as CEO, we forged relationships with many of the industry’s then-new entrants, many of whom have continued to grow their impact on every part of the industry. Together with our long-standing relationships with established studios and distributors, these relationships are a testament to Curzon’s enduring quality in-cinema experience, and our trusted curatorial voice, across development, production, distribution, exhibition and streaming. With this in mind, I can confidently say that Curzon continues to be hugely influential in the film world. I believe the company has the potential to grow that influence significantly over the coming months and years.”

Philip Knatchbull was CEO of Curzon from May 2006 to November 2023. During his tenure, the company grew from a few locations into a national cinema company with film exhibition, distribution, production, and on-demand streaming services.

In November 2024, Fortress Investment Group announced that funds managed by its affiliates had acquired Curzon, making it an independent UK-based company.

The company operates Curzon Cinemas – with 16 cinemas and 46 total screens across the UK – as well as film distributor Curzon Film, and the Curzon Home Cinema streaming service.

Curzon’s pioneering membership programme integrates cinema and streaming, allowing members to use credits against Curzon Cinema visits or watching films on Curzon Home Cinema. The premium Cult membership tier includes seven tickets a week, discounts across food and beverage and more. Curzon members receive priority booking for events, and personalised recommendations based on their film taste. In the past year Curzon has collaborated with Kia, Beronia and Butchers on integrated partnerships that enhance the cinema experience with offerings that include wine tasting screenings, in-person Q&As, and repertory film screenings.

Curzon’s curatorial approach extends to editorial forums and communications, with monthly and weekly newsletters, an online and biannual printed journal, and online video content series ‘Conversations at Curzon’. Curzon has a longstanding relationship with Netflix to exhibit the best of their films in their cinemas.

Curzon Film, which in 2020 set a new UK foreign-language box office record with Parasite (over £12 million at the UK and Irish box-office), has had notable successes in the past year, including:

Curzon Film has released more Cannes Palme d’Or winners than any other UK distributor and has distributed multiple Academy Awards and BAFTA winners, including Best Picture winner Parasite. In 2017, Curzon received a BAFTA in recognition of its Outstanding Contribution to British Cinema.

Curzon Film’s forthcoming slate includes Flow( release date: 21 March 2025)and Julie Keeps Quiet (release date: 7 March 2025) - critically acclaimed hits which have been selected to represent Latvia and Belgium respectively at the Oscars.

Additionally, Curzon is partnering with Amazon MGM on the theatrical release of three of their forthcoming titles:

Curzon has opened new cinema locations in the past several years, including Hoxton, Camden, Kingston-upon-Thames (which features a rooftop bar with panoramic views of the historic riverside town) and Canterbury. Today, Curzon has destination venues across London and around the UK.

About Curzon

Curzon is a multifaceted film company covering exhibition, distribution, production, and on-demand streaming. The company currently operates 16 cinemas across the UK. The distribution business, encompassing Curzon Film and specialist label Artificial Eye, has nearly 50 years of experience in independent film, with a library of critically acclaimed films by some of the world’s greatest directors including Wim Wenders, Michael Haneke, Bong Joon Ho Alice Rohrwacher, and Ruben Östlund. Streaming service Curzon Home Cinema is available to customers through TV, mobile apps, and over-the-top platforms. For more information please visit www.curzon.com.

Philip Knatchbull, Interim Executive Chairman of Curzon (Photo: Business Wire)

BOSTON (AP) — A federal judge on Monday struck down the Trump administration's $100,000 fee on new H-1B visas, contradicting an earlier federal court ruling upholding the fee hike.

The administration announced the much-higher fee as a way of preventing foreign workers from taking American jobs.

But U.S. District Court Judge Leo Sorokin in Boston sided with 20 states and struck down the visa policy, concluding that the executive branch exceeded its authority and violated the Administrative Procedure Act, which governs how federal agencies develop and issue regulations.

“The Court finds that the Policy imposes a tax on H-1B petitions without the requisite delegation by Congress,” Sorokin wrote.

H-1B visas are meant for high-skilled jobs are difficult to find American workers to fill. Deep-pocketed technology companies are the biggest users, with nearly three-quarters of approvals going to workers from India. The states argued that using the H-1B program to fill vacancies for much-needed doctors and teachers was already difficult before the higher fee.

Most H-1B visa applications cost several thousand dollars before the announced increase set off a wave of panic among confused employers, students and workers in the United States and abroad and led to several lawsuits, including in Boston.

The U.S. Chamber of Commerce also sued, in federal court in Washington, D.C., and has appealed a denial of a summary judgment against the fee hike. That left the higher fee in effect, at least until September 2026, when it is scheduled to expire. Monday's ruling is also a summary judgment, to the opposite effect. Still another lawsuit was filed in federal court in San Francisco, by religious groups and labor organizations, setting up the possibility of divided rulings in three appellate court circuits.

The states argued that the policy impedes their ability to hire primary and secondary school educators and to staff public colleges and universities, will stymie academic research and will lead to a decline in medical workers.

“The Proclamation makes various overtures to domestic economic policy goals to justify the unprecedented $100,000 fee,” plaintiffs wrote in their complaint. “But the Proclamation gives no indication that the President gave any consideration to how the fee would affect Plaintiff States and their ability to provide their residents access to education, healthcare, and other basic human needs.”

A Department of Homeland Security statement said the agency disagrees with “this blatant judicial activism dismantling President Trump’s historic efforts for immigration reform.”

“Under President Trump and Secretary Mullin, our immigration system is being reformed to serve American citizens, American workers, and American families and to preserve our national identity — not to rapidly import foreigners who take American jobs, commit crimes, burden our welfare system, and erode our cultural and social fabric.”

FILE - In this Aug. 17, 2018, file photo, people arrive before the start of a naturalization ceremony at the U.S. Citizenship and Immigration Services Miami Field Office in Miami. (AP Photo/Wilfredo Lee, File)