Netflix has inked a lease agreement to keep New York’s iconic Paris Theatre open to the public.
Moving forward, the streaming service plans to use the cinema for special events, screenings, and theatrical releases of its films.
The move comes a week after the Department of Justice announced it will terminate rules prohibiting studios from owning the theaters where their movies play.
“After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a-kind movie-going experience,” Netflix Chief Content Officer Ted Sarandos said in a statement.
The 581-seat single-screen picturehouse has charmed filmgoers since it opened in 1948, when actress Marlene Dietrich cut the inaugural ribbon.
Located in midtown Manhattan—across the street from the famed Plaza Hotel—it is often credited with introducing renowned foreign-language films to American audiences, including flicks from Marcello Mastroianni, Franco Zeffirelli, and Claude Lelouch.
Source: Netflix Reopens NYC’s Historic Paris Theatre To Screen Original Films – Geek.com