What does the first official Netflix cinema mean for Hollywood?
The streaming giant has snapped up a much-loved single-screen cinema in New York, a game-changing move for the Oscar-hungry company
It’s more than a little ironic. The company that made watching movies at home so easy you didn’t even have to get up and go to a video store is opening a cinema.
Well, “opening” maybe isn’t the correct term, so much as “preventing a closure”. Netflix has fixed a new lease for the Paris Theater in New York, causing a moment of existential crisis for cinephiles. On the one hand, the streamer can easily be positioned as a wrecking ball bashing its way through film culture. On the other hand, who else has the pockets to keep the lights on at this place?