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Newswire: Netflix boosts its Oscar odds with new theater partnership

Screen Rant is reporting that Netflix has secured a theatrical distribution partnership with iPic, an upscale theater chain, to screen its films in Los Angeles and New York simultaneous with their streaming availability. The deal is part of Netflix’s plans to compete directly against traditionally distributed films—to be considered for Academy Awards, movies have to screen at least a week in Los Angeles, with documentaries requiring screenings in both L.
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Netflix has signed a deal with luxury cinema chain iPic Entertainment that will allow the chain to screen ten of Netflix’s original movies on the same day they launch on the streaming site. iPic isn’t the largest cinema company in t...

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