: The center struggled under a heavy debt burden that it could no longer service. Immediate Impact of Closure
The in Zurich, a multifaceted cultural center and cinema hub, filed for bankruptcy and ceased all operations on December 5, 2022 . Reasons for Bankruptcy 2022---Kosmos-in-Zurich--Kulturhaus-files-for-bankruptcy
: Personnel expenses and the "oversized" nature of the venue made it impossible to run profitably in its current form, despite the cinema itself performing above the national average. : The center struggled under a heavy debt
A new board of directors, which took over in September 2022, determined that sustainable financing was no longer viable for the following reasons: A new board of directors, which took over
: The space is now operated by Spoundation Motion Picture AG , the agency behind ZFF, which rents the facility from SBB Real Estate.
: The closure occurred during a period of rising bankruptcies in Switzerland; in 2022, bankruptcies in the Zurich region alone increased by 38% . The Venue's Rebirth as "Frame"
: Frame continues to function as a year-round cinema, showing a mix of mainstream blockbusters, arthouse films, and documentaries. KOSMOS ZURICH, Švícarsko | News - KV2 Audio