Netflix looked at bid to buy £2.4bn Regal Cinemas before it was snapped up by Cineworld

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Netflix looked at buying the second largest cinema chain in the US before it was snapped up by British group Cineworld for £2.4billion, The Mail on Sunday can reveal.

Sources said the $200billion TV streaming giant was among the parties in the running to buy America’s Regal Cinemas before Cineworld struck its deal in November 2017.

 

Read more: https://www.thisismoney.co.uk/money/markets/article-8351307/Netflix-looked-bid-buy-2-4bn-Regal-Cinemas.html