Netflix announces leasing agreement to keep the Paris Theater open - Business Insider

This story was delivered to Business Insider Intelligence Digital Media Briefing subscribers earlier this morning.

The arrangement is likely not an early signal that Netflix is expanding into broader national strategy for theatrical releases, but is instead a one-off strategic investment.

Owning a few high-profile theater locations can offer Netflix the ability to attract directors put off by its straight-to-streaming model and improve the eligibility of their films during award season. A growing number of directors expect any potential partnership with Netflix to leave open the possibility of a theatrical release usually for the purposes of meeting the eligibility requirements for winning an Oscar.

Delighted the iconic Paris will be saved, but utterly disappointed it won’t be preserved as an “art house” style movie theater. (Yah, I know, ok boomer)

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The Payments Ecosystem Report from Business Insider - Business Insider[NEW REPORT] The Payments Ecosystem: BIIntelligence examines the industry's ecosystem today, highlights three trends changing payments, and forecasts growth through the next five years
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Argentinian PFM fintech Ualá raises $150 million - Business Insider - Business InsiderArgentinian personal finance management fintech Ualá has raised $150 million led by Tencent and Softbank's Latin America-focused Innovation Fund: A OP
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »