We were told in mid-October that the space where the cinema Moviemento is and always has been since 1907 will be put on the market to sell. The selling price is so high that the cinema will no longer be able to afford the rent after the space has been sold. After a short shock of paralysis at the news, we quickly began to talk to politicians, potential partners, and friends. The only chance to save the oldest cinema in Germany is to buy the space ourselves. We scraped together all the money we had, which was around 200,000 Euros. A good friend also immediately lent us another 200,000 Euros.
We made a start, but the mission still seems inconceivably huge. We will take up this challenge!
With the 1st funding goal of 100,000 Euros, including money from other sources, and hopefully a considerable reduction in the selling price through real estate investors with a heart, we hope to purchase the cinema. We set the funding goal comparatively low, because we do not yet know how much funding we will collect from other channels and in direct discussion with possible partners.
With the 2nd funding goal of 1.6 million Euros we will be able to purchase the spaces of the cinema. The current asking price with additional costs is a little over two million. We already have 400,000 Euros and with an additional 1.6 Million Euros, the existence and survival of the cinema is secured.
