Netflix officially closed their deal to acquire the Egyptian Theatre on Hollywood Boulevard and will team with the venue’s nonprofit American Cinematheque. Deadline first broke the news last …
of the streamer’s interest in the Sid Grauman built venue.
“The American Cinematheque was honored to bring the Egyptian back to life in 1998, and together with Netflix we are thrilled to continue this stewardship by restoring it once again for a new generation of film fans to experience movies on the big screen,” said Chairman of the American Cinematheque, Rick Nicita.
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