Amazon might soon be making its next foray into the brick-and-mortar space – by acquiring movie theater chain Landmark Theaters. According to a Bloomberg report, people who are familiar with the situation (but wished not to be named since the talks are still private) said that the e-commerce giant is interested in buying Landmark from Wagner/Cuban Cos.
After online streaming of movies/TV series and music, Amazon might now be eyeing a ‘physical’ presence in the media business. Landmark Theaters is largely focused on art-house/ independent and foreign films and owns more than 50 theaters in 27 markets