Netflix signed a deal with luxury theater-chain iPic Entertainment to simultaneously screen its original movies in theaters the same day that they appear on the streaming service, the latest deal to expand Netflix’s theatrical ambitions.
South Florida-based IPic Entertainment has signed a lease to build a new six-screen, 480-seat luxury movie theater at the site of the former AMC Theatres at Avco Center in Westwood.
Netflix’s hostile relationship with U.S. theater chains has sunk to a new low. The streaming website has decided to release its original movie Crouching Tiger, Hidden Dragon: Sword Of Destiny online on the same day as it was d...
Shares of Netflix were rising Wednesday as the company continues to pursue its theatrical ambitions through a deal it signed with luxury theater-chain, iPic Entertainment.