The festival launched in 2024 with Mubi as a sponsor to bring the best of independent film to Los Angeles over one weekend. Mubi has been subjected to internal and external strife since receiving a $100 million investment from the venture capital company Sequoia, which has also supported companies tied to Israeli military technology amid the war on Gaza.
Mubi CEO Efe Cakarel said in August that the distributor and streamer’s profits have no relationship to other companies in Sequoia’s portfolio. Mubi secured the investment at the end of May 2025, around the time it acquired the Jennifer Lawrence-starring film “Die My Love” out of Cannes for a reported $24 million. Mubi declined to comment on the Lafm news, and referred back…
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