Netflix wants to create its own chain of movie theaters, according to new report

Netflix has already modified the means individuals rely on films and tv, giving its subscribers the flexibility to stream status shows and blockbuster movies from the comfort of their homes, however may it even be viewing delivery stage expertise back to its glory days?

According to a report by the la Times, the streaming large has been wanting into beginning its own theater chain, giving motion-picture show buffs the chance to expertise its Netflix Originals on the large screen.

The report states that Netflix thought of buying the LA-based Landmark Theatres chain, that is co-owned by celebrated man of affairs and capitalist, Mark Cuban, although it reportedly backed out of the deal because of the sale value being too high.

Binge-watching in public?

Not solely would the prospect of Netflix-owned theaters bring the streaming large nearer to changing into the world’s biggest media company, it’d additionally provides it the right platform to showcase its films for awards thought.

With the very-public spat between Netflix and also the Cannes pageant pageant reaching its inevitable celestial point recently, putt films back within theaters and on the large screen may create Netflix a lot of respectable in the eyes of the normal industry, furthermore as potential filmmakers.

One thing’s for sure, it will not be lacking in content — Netflix plans to pay $8 billion on original content in 2018, and with recent big-budget hits like Bright and smaller, thoughtful films like Annihilation, it’s shown that it isn’t afraid to hit Hollywood wherever it hurts.

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