Netflix Reportedly Considered Buying Theater Chain

A week after its chief content officer announced that Netflix would pull its films from Cannes, one of the world's most prestigious film festivals, after they were barred from competition, the Los Angeles Times- a paper known for having its finger on the pulse of the entertainment industry may have just foreshadowed the next big bricks-and-clicks deal: Netflix, the LA Timesreported, was in talks to buy Landmark Cinemas, the independent movie theater chain co-owned by Mark Cuban.