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Netflix has thought-about shopping for theaters to realize an Oscar edge, sources say

Netflix, the worldwide streaming large that has dramatically modified the TV business and clashed with movie show homeowners, could also be prepared to maneuver onto the large display in a brand new and stunning approach — by proudly owning cinemas.

The Los Gatos firm has explored the thought of shopping for film theaters in Los Angeles and New York that may enable it to display its rising pipeline of characteristic movies and documentaries, in line with folks accustomed to the scenario.

Netflix executives thought-about buying Landmark Theatres, the circuit co-owned by Mark Cuban, however not too long ago backed off the thought, stated two individuals who spoke on situation of anonymity as a result of the plans are personal.

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