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Monday, August 20, 2018 4:05:56 AM
LANDMARK GOES TO THE HIGHEST BIDDER!
READ KIDS.. LOL
who own 53 movie chains.. Cuban
Amazon (NASDAQ: AMZN) is reportedly in the running to acquire Landmark Theatres, a 50-theater chain that specializes in independent and foreign films.
Amazon is among the companies looking to buy Landmark Theaters, according to Bloomberg. The chain, which is owned by a company backed by Mark Cuban and Todd Wagner, has more than 50 theaters in 27 markets. Some of those locations are in several high-profile markets like New York, Chicago and Los Angeles. The purchase would be the latest media move for the e-tail giant, which also owns a music service, and a film and TV studio.
"MoviePass and Mark Cuban’s Landmark Theatres Partnership Is a Rare Public Show of Support
Jenna Marotta and Chris O'Falt
https://www.google.com/amp/s/www.fool.com/amp/investing/2018/08/19/amazons-next-prime-perk-could-be-a-night-at-the-mo.aspx
Billionaire Mark Cuban: I'm sticking with Amazon and Netflix as my top stock holdings
Berkeley Lovelace Jr. | @BerkeleyJr
Published 1:19 PM ET Thu, 9 Nov 2017 Updated 3:00 PM ET Thu, 9 Nov 2017
For a similar reason,Netflix is also considering a bid for Landmark Netflix still wants to release its films to theaters on the same day that it releases them on its streaming service, but Landmark could give Netflix the ability to make more of its films Oscar eligible. Films must appear in theaters for a certain amount of time to be eligible for Academy Awards, and an Oscar could increase awareness of Netflix's originals.
https://www.google.com/amp/s/www.fool.com/amp/investing/2018/08/19/amazons-next-prime-perk-could-be-a-night-at-the-mo.aspx
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