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Amazon trying to expand the presence of potential bricks and mortars due to the acquisition of Landmark Theaters

Since MoviePass is digging his own grave, Amazon of e-commerce companies are considering ways to acquire the movie theater chain Landmark Theaters.

Reported BloombergAmazon is trying to acquire a business from Wagner / Cuban Cos, but at the time of writing nothing is final and the companies are still in talks. It will not be announced unless a deal is made.

Since Amazon, which already offers its own Prime Video and Prime Music streaming service, offers both unique content and proprietary content, we signed a deal with Landmark and added more efforts at the cinema You can expand it. If the acquisition is successful, the Seattle-based company will acquire 50 theaters in 27 markets.

The landmark squeezes that movie to independent movies or foreign movies, not AAA movies, even without such news. Bloomberg explains the theater of the landmark "It is known for the artist's fare and there is a coffee bar and lounge in the high-end place, away from the typical movie experience."

This report also notes that Netflix is ‚Äč‚Äčtalking with Landmark as a potential buyer.


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