Netflix is never one to rest while a foe works hard. So now it has a sights set on shopping a initial film theater. The talks are in a early stages to acquire a famous Egyptian Theatre in Hollywood.
This could be a initial of many theaters perhaps, if this goes well. Flix would apparently confirm what to shade during a week, maybe giving subscribers another approach to watch releases. Current owners American Cinematheque would take caring of weekend programming, including festivals and lectures. This could be a large pierce for a company.
Netflix would expected horde premieres for a awards hopefuls on a large screen, that would be wise since a Egyptian hold a initial Hollywood film premiere in 1922 for Robin Hood. This is also engaging since Netflix is confronting some critique over either streaming services should be authorised to contest for awards like a Oscars. Interestingly Netflix’s arch calm officer is on American Cinematheque’s board, though he is apparently not personification a partial in a talks.
Netflix could not usually uncover off their endowment contenders though use this to drum adult seductiveness for new array and movies. There are a lot of possibilities for a association here.
Filed Under: Entertainment News