Netflix’s Original Movies to Come to the Egyptian Theatre in Hollywood

Producing many most-talked-about movies through their streaming site,

Netflix is currently looking to purchase one of the most historic movie theaters in Hollywood—the Grauman’s Egyptian Theater.

Taking their movies to the real big screen would give their streaming platform a place for their original movies. Through this purchase, Netflix would  like to get the theatre building from a non-profit film history preservationists American Cinematheque and build a partnership between both parties—for Netflix to put their movies to screen on weekdays while American Cinematheque to hold screenings, lectures, and festivals on weekends.
There is no information regarding the pricing details, but the green light about this partnership is beeping hard and will most likely be confirmed after taking a deal between the two parties.
Source: Hypebeast

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