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MK2 Opens Doors: Invest in Parisian Cinema's Future
10 Jun
Summary
- MK2 seeks €5 million from the public for cinema overhaul.
- Investors can own non-voting shares with 4-8% annual returns.
- MK2 plans a museum and hotel by summer 2027.
For the first time in its 52-year history, French cinema group MK2 is opening its capital to the public. Led by brothers Nathanaël and Elisha Karmitz, the family-owned company is launching a crowdfunding campaign to raise up to €5 million ($5.8 million).
The funds will support a significant modernization and expansion of its flagship MK2 Bibliothèque multiplex in Paris. This ambitious project aims to transform the 20-screen venue into a "cultureplex" featuring advanced technology, redesigned interiors, and expanded cultural offerings.
MK2 is also planning to open a museum with five exhibition galleries in early 2027. This will be followed by the launch of a second cinema-themed hotel in summer 2027, further diversifying its cultural experiences.
Through investment platform Lita, the public can invest starting from €100 in non-voting shares. Investors are offered annual returns between 4% and 8%, with shares guaranteed to be bought back after five years. This initiative allows MK2 to involve audiences in its growth while maintaining family control over its editorial strategy.
