Hollywood Turns Upside Down as Pending Landmark Theatres Sale Could Be the Tip of Upcoming Exhibition Changes

  • Indiewire
A number of speculative deals are floating in the Hollywood ether, as the industry moves away from studio dominance and toward Silicon Valley. Caught in that maw is Twentieth Century Fox’s sale to Disney and At&T’s merger with Warner Bros. But eyes are also on the fate of the indie Landmark Theatres chain, which owner Mark Cuban has been eager to sell since April. Netflix has denied interest in buying the rock-and-mortar exhibitor, which makes sense, as theater distribution is not the streamer’s business model.

On the other hand, now Amazon has been named as a potential buyer. The online retail giant has among its assets Amazon Studios, which (unlike Netflix) brands its productions with robust theatrical releases before streaming them via Amazon Prime. Among the successful Amazon releases that played well at Landmark locations are Oscar players “Manchester By the Sea” and “The Big Sick.” And
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