Netflix In Talks To Acquire Historic Egyptian Theatre From American Cinematheque – Deadline

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Netflix is in preliminary talks with American Cinematheque to buy the venerable Egyptian Theatre on Hollywood Boulevard. This will become the first brick and mortar movie theater acquisition for Netflix. But sources said it would be wrong to eye this as the start of a move into the operational theater business.

Source: Netflix In Talks To Acquire Historic Egyptian Theatre From American Cinematheque – Deadline