Netflix in Talks to Acquire Historic Egyptian Theater in Hollywood

April 09, 2019

In a move to further bolster its reputation as an ally for theatrical distribution, Netflix is in early talks to purchase the legendary Egyptian Theater on Hollywood Boulevard. The news comes courtesy of Deadline, who reports that Netflix is working to acquire the location from American Cinemateque, a non-profit that’s used the theater to exhibit independent, classic, and foreign films as well as events, festivals, and Q&A's. The Egyptian Theater hosted Hollywood's first ever movie premiere in 1922 for the Douglas Fairbanks-led Robin Hood. While at first blush this may sound like the …

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