Also Secret Cinema are a commercial business which pretends to be an arts organisation to get funding and preferential treatment
Not a very successful one. Even pre-COVID they appear to have burned about £15 mm of venture capital money without ever turning a profit!
The VC priority checklist - hype > growth > users > revenue > gross profit > +ebitda
If you could launch a subscription product for £X.99 / month (Cinema as a Service) this business is worth a billion, no sweat.
@Tenderloin started
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Not a very successful one. Even pre-COVID they appear to have burned about £15 mm of venture capital money without ever turning a profit!