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Subject: Netflix takes over its first cinema by leasing New York's historic Paris
Written By: Philip Eno on 11/26/19 at 7:45 am
Netflix has announced it has taken over the historic Paris cinema in New York. It's the first time the streaming giant - which has been accused of threatening the cinema experience - has taken a long-term lease to screen its films. Hollywood website Deadline said the deal was a 10-year lease agreement. Previously, Netflix has rented various cinemas for limited periods to ensure its films are eligible for awards. Its Oscar contender Marriage Story is now on at the Paris, which dates from 1948. "Now, the iconic theatre will be kept open and become a home for special Netflix events, screenings, and theatrical releases," the company said on Twitter.
https://www.bbc.co.uk/news/50557996
Subject: Re: Netflix takes over its first cinema by leasing New York's historic Paris
Written By: LooseBolt on 11/26/19 at 7:56 am
Clever move there. I’ll be interested to see how it pans out.