Arthouse streamer and distributorMubihas added Chinese billionaireZhang Xinto its Board Of Directors.
Zhang is best known as the founder of the New York-based film production company and financier Closer Media.
As part of Zhangs appointment, Closer Media has also invested in Mubi.
Zhang XinMubi
The size of the investment wasnt disclosed.
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Founded in 2007 by Efe Cakarel, Mubi is headquartered in London.
The company has 14 offices across the world and 400 employees.
The company recently distributed Coralie Fargeats latestThe Substancein multiple territories including North America.
The film has now crossed $75M at the box office worldwide.
