Los Angeles Times

Netflix has considered buying theaters, including Mark Cuban's Landmark, to gain an Oscar edge, sources say

Netflix, the global streaming giant that has dramatically changed the TV industry and clashed with movie theater owners, may be ready to move onto the big screen in a new and surprising way - by owning cinemas.

The Los Gatos, Calif., company has explored the idea of buying movie theaters in Los Angeles and New York that would allow it to screen its growing pipeline of feature films and documentaries, according to people familiar with the situation.

Netflix executives considered acquiring Los Angeles-based Landmark Theatres, the circuit co-owned by Mark Cuban, but recently backed off the idea, said two people who spoke on condition of anonymity because the plans are private.

One of the knowledgeable people

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times2 min read
Lakers Fade Again In Game 3 Loss To Denver, Moving To Brink Of Elimination
LOS ANGELES — The climb is mountainous, trouble lurking at every step. One bad dribble, and Denver runs the other direction, creating an open three. One missed assignment, and Aaron Gordon cuts baseline for a dunk. One whiffed box out and the Nuggets
Los Angeles Times3 min readCrime & Violence
Editorial: In Eco-minded California, There’s Still No Constitutional Right To Clean Air And Water
California may be a leader in the fight against climate change, but the state is years, even decades, behind other states when it comes to granting environmental rights to its citizens. While a handful of other state constitutions, including those of
Los Angeles Times4 min readAmerican Government
Supreme Court’s Conservatives Lean In Favor Of Limited Immunity For Trump As An Ex-president
WASHINGTON — The Supreme Court’s conservative justices said Thursday they agree a former president should be shielded from prosecution for his truly official acts while in office, but not for private schemes that would give him personal gain. They al

Related Books & Audiobooks