New York-based film and television production company Closer Media — co-founded by Chinese real estate billionaire Zhang Xin and producer William Horberg — has made an investment in London-based streamer Mubi. Xin has also joined Mubi’s board of directors.
Among Closer Media’s recent projects are features Ezra, starring Bobby Cannavale, Robert De Niro, and Rose Byrne; and Elon Musk documentary Musk.
Streamer Mubi debuted in 2007 with a focus on arthouse films. Recently, the company has expanded into theatrical distribution, representing features such as Coralie Fargeat’s The Substance, Sofia Coppola’s Priscilla and Wim Wenders’ Perfect Days.
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