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Netflix In Talks To Buy Egyptian Theater

Video Credit: Wochit - Duration: 00:42s - Published < > Embed
Netflix In Talks To Buy Egyptian Theater

Netflix In Talks To Buy Egyptian Theater

Digital Trends reports Netflix wants to buy one of the oldest movie theaters in Hollywood.

The streaming company is currently in discussions to purchase the historic Egyptian Theater in Hollywood, California, for “many tens of millions of dollars," as first reported by Deadline.

The deal is being described a partnership of sorts with the Egyptian’s current owners, the nonprofit film organization American Cinematheque.

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