Cosm rides premium moviegoing wave with more immersive screenings and a wider library

Cosm is expanding its immersive cinema offering through new agreements and a wider film library, seeking to reach audiences beyond live, timed events. The move comes as premium cinema experiences attract investment and entertainment companies look for new ways to distribute films.

Cosm is privately held and does not disclose its finances; tickets range from $18 for matinees to about $70 for prime seats or popular screenings, before food and other extras. Sony invested $100 million in June for a minority stake, and its Sony Pictures chief joined Cosm’s board. The company has about five locations and aims for significant expansion, while Sony has also bought Alamo Drafthouse and is preparing to restore Los Angeles’s Cinerama Dome.