Netflix reopens iconic New York theater to showcase its most prestigious films

Netflix has signed a lease to keep New York City’s iconic Paris Theater open, and will use the space to play some of its most prestigious films, the company announced today. The Netflix have plans to get into major theatrical distribution, but will instead use this to showcase their own films. The move comes at a time when AMC Theaters and Regal have also refused to stream Netflix originals because of discrepancies over exclusive theatrical windows.

The theater shuttered in August, and Netflix reopened it for a limited time to screen Noah Baumbach’s new movie, Marriage Story. Now, “the company plans to use the theater for special events, screenings, and theatrical releases of its films,” according to a press release. Terms of the lease —...

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