Friday, 20 April 2018

Netflix apparently wants to buy its own Theaters

Netflix apparently wants to buy its own Theaters

Netflix wants to get into the movie theater business, according to a new report from The Los Angeles Times. Anonymous sources told the paper that the Los Gatos-based entertainment giant pursued a deal to buy the Mark Cuban-owned Landmark Theaters but ultimately backed out due to a high sale price. While it might sound wild that a company that got its start sending DVDs by mail now wants to sell popcorn and movie tickets, the idea actually makes a lot of sense.
Read more: https://gizmodo.com/netflix-apparently-wants-to-buy-its-own-theaters-and-h-1825389898?source=Snapzu

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