Amazon in Running to Acquire Landmark Movie Chain

By rchaudhary - 9 hours ago

Showing first level comment(s)

Why is Amazon expanding into brick and mortar with Whole Foods and now Landmark? Have they really saturated and squeezed all they can out of digital?

I like Apple's strategy better of sitting on piles of cash until they know what to do with it.

everdev - 8 hours ago

I hope they can collaborate with Netflix on this, much like they're collaborating with Microsoft on a bridge between Siri and Cortana. I'd like to see Black Mirror on the big screen.

benatkin - 7 hours ago

Man, it really seems like amazon is just going to be everything at some point. In, say, 20 years will some meaningful percentage of all the money I spend somehow funnel through amazon? Kind of seems that way.

clay_the_ripper - 8 hours ago

Amazon is buying urban, high end locations. First Whole Foods, now Landmark. Clearly shows which customers they see as high value.

vm - 7 hours ago

Some of my favorite theaters are landmark and I would be very disappointed if they get bought out by a FAANG type.

I think we need a Paramount decree for studios/streaming.

colechristensen - 8 hours ago

I wonder how this might affect MoviePass' long term plan of strong arming theaters

jameslk - 4 hours ago

Is this contingent on the Paramount decree being overturned, or would it simply require some special approval?

phnofive - 8 hours ago

Presumably not under the Trump administration, but you would have thought that each of these steps that Amazon takes into connected areas is a step closer to an anti-trust investigation?

jimnotgym - 5 hours ago

1) This would be a solid purchase. Hell, I've often thought about buying Landmark myself. (But alas, slightly short on funds @ present)

2) This would address a problem that Netflix had/has w/awards (your 'film' isn't because it didn't premiere (exclusively) in theatres and contract negotiations, e.g. 'Crazy Rich Asians'.[1]

While I am no longer gung-ho on Amazon due to some personal customer experiences, I can't say that this isn't a smart move; it is.

[1] https://www.hollywoodreporter.com/features/crazy-rich-asians...

jsoc815 - 7 hours ago

The newspaper made some sense in a newsvertising sort of way, the grocery store chain was a stretch, but a movie chain is just hubris. "I'm good at computer stuff, so I'm good at everything!" Things haven't been going so well at the grocery either, have they?

https://www.businessinsider.com/whole-foods-employees-reveal...

I only expect things to get worse. Oddly enough, this story really is beginning to sound a lot like manna,

http://marshallbrain.com/manna1.htm

danjoc - 8 hours ago