Netflix Buys The Paris Theater in New York City

This is my second post about Netflix in two days…

The Paris Theater, one of the most iconic independent and single-screen movie theaters in New York City, was just about to be shut down. New Yorkers were overwhelmingly saddened, me being one of them. End of an era. The Paris Theater has been home to independent and foreign films, well, forever. With the theater gone, access to these movies would be certainly threatened. And the Paris Theater experience would also certainly be just a memory.

In what could only be considered a brilliant move, Netflix just announced that it’s buying The Paris Theater. Saving it. Saving it for its own movie releases, essentially so that it can claim that its movies are in fact theatrical releases that then go to tv.

I do hope that Netflix will also continue to show other independent and foreign films to keep The Paris Theater experience alive. I bet it will.

And I also bet that we’ll see Amazon not far behind with its own theater(s). I mean it already has its own brick and mortar book stores and convenience stores. Why not a movie theater for their own branded entertainment too?!? I bet it’s coming. But in the meantime, here is Netflix as a brilliant first mover.

What’s your experience? JIM

Brilliant!