In the annals of rich men who look to Hollywood to build a secondary empire, real estate billionaire Charles S. Cohen (Forbes net worth: $2.2 billion) is their Don Quixote. His Cohen Media Group is staking its claim in spaces renowned for their allergies to profit: He’s restoring classic films, releasing foreign-language titles, and moving into specialty exhibition.
One Oscar campaigner calls Cohen’s taste “older middle-of-the-road arthouse,” and that’s exactly the audience he wants. Three of Cohen’s French imports — “Outside the Law” (2010), “Timbuktu” (2014) and “Mustang” (2015) — received foreign-language Academy Award nominations. This year, Cohen (with partner Amazon Studios) took Iranian Cannes-prize-winner Asghar Farhadi’s “The Salesman” all the way to the Oscar, much to the chagrin of established competitors Sony Pictures Classics (“Toni Erdmann”) and Music Box (“A Man Called Ove”).
However, where other billionaire businessmen have wanted to be studio moguls, or Harvey Weinstein, what Cohen really...
One Oscar campaigner calls Cohen’s taste “older middle-of-the-road arthouse,” and that’s exactly the audience he wants. Three of Cohen’s French imports — “Outside the Law” (2010), “Timbuktu” (2014) and “Mustang” (2015) — received foreign-language Academy Award nominations. This year, Cohen (with partner Amazon Studios) took Iranian Cannes-prize-winner Asghar Farhadi’s “The Salesman” all the way to the Oscar, much to the chagrin of established competitors Sony Pictures Classics (“Toni Erdmann”) and Music Box (“A Man Called Ove”).
However, where other billionaire businessmen have wanted to be studio moguls, or Harvey Weinstein, what Cohen really...
- 4/11/2017
- by Anne Thompson
- Thompson on Hollywood
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