Netflix has considered buying theaters, including Mark Cuban’s Landmark, to gain an Oscar edge, sources say [LA Times]

Netflix has considered buying theaters, including Mark Cuban’s Landmark, to gain an Oscar edge, sources say [LA Times]

By Ryan Faughnder

April 18, 2018 | 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 enable it to screen a growing pipeline of feature films and documentaries, according to people familiar with the situation.

Read more on LA Times.

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