A crowdfunder to save Edinburgh’s Filmhouse cinema created by former employees have raised £764,000 – less than half its £2million target for a planned bid to buy the complex.
After the Filmhouse on Lothian Road suddenly shut its doors in October, a group of former senior staff came together to create a crowdfunder in an attempt to fund a buy-out bid last month. The building was put on the market in November with Wednesday December 7 midday marking the closing date for bids.
It comes after Gregory Lynn, boss of the independent Prince Charles Cinema in London, said on Monday he was “gutted” after his bid to buy the Filmhouse was rejected.