Voracious arthouse streaming company and distributor Mubi continues to scale up operations beyond its initial online business model and today reached an eye-catching deal to buy European indie sales giant The Match Factory.
According to Mubi, The Match Factory’s current management team will remain in place and continue to work from Berlin to Cologne, while expanding its presence through Mubi’s offices in London, New York and Los Angeles. We’re gathering more information on how the two teams will work together.
Mubi has been expanding its business beyond streaming for a few years. The company works as a cinema distributor in the UK and US and has launched the Mubi Go cinema ticket initiative in the UK to provide its members with tickets as part of their membership.
He’s bought all the rights to the titles at festivals in recent years, a business that intensified at the 2021 Cannes film festival, where Mubi made waves by embarking on a buying spree that saw him wrap up chords for buzzing photos, including Benedetta, Memoria, Annette, and more.
Mubi has also made its way into production, investing in titles such as Mia Hansen-Løve’s A nice morning, winner of the Sundance Prize by Ekwa Msangi Farewell Love and that of Rachel Lang our selfnm
In the US, former Amazon head of cinema Jason Ropell has been working quietly as Mubi’s chief content officer for two years, building a team focused on in-house production rather than just licensing or buying. territory contracts. The relocation of all of The Match Factory’s activities, including The Match Factory Productions branch, reinforces this desire.
The Match Factory’s list of co-production credits includes Memory, Martin Eden, and The traitor. On the sales side, he took over titles including the winner of the Palme d’Or at Cannes Uncle Boonmee who can remember his past lives, and Oscar-nominated photos such as Waltz with Bashir and Toni Erdman.
Efe Cakarel, Founder and CEO of Mubi, said of the deal: “As long-time partners of The Match Factory, we have gained tremendous admiration and respect for Michael and his team. We couldn’t be more excited for them to join us in pursuit of the goal we clearly share: to bring beautiful cinema to moviegoers everywhere. Mubi and The Match Factory are very complementary businesses and we look forward to unite with our friends.
Michael Weber, Managing Director of The Match Factory, said: “When I embarked on The Match Factory adventure with my partners Reinhard Brundig, Viola Fügen, Thania Dimitrakopoulou, Jenny Walendy and the late Karl Baumgartner, I considered discover filmmakers and their stories, work with them and bring their best work to the world. I have taken great pleasure and satisfaction over the years in the many encounters with truly gifted people, creative minds, generous souls. Cinema is a dynamic and living ecosystem, constantly evolving and expanding.