Coming To A Theater Near You: Amazon?

Jordan Crook, TechCrunch
Thu, 08/16/2018 - 3:33pm

It looks like Amazon may be gearing up to make more moves in the brick-and-mortar world. Bloomberg reports that the e-commerce behemoth is putting itself in the running to acquire Landmark Theatres, which claims to be the United States’ largest chain of movie theaters focused on art house (indie and foreign) movies, with a network of 56 cinemas, covering 268 screens in 27 markets. Bloomberg’s sources say that Amazon is going up against other potential acquirers in purchasing the business from Wagner/Cuban Cos., but that no final decisions have been made. The companies aren’t publicly commenting on the reports, but it’s an interesting scenario to consider because of all the ways that it seems to fit into Amazon’s wider strategy.  The company has done an incredible job of making it easy (and cheap) to buy virtually anything you want from it in the digital world, whether it’s necessities like toiletries, books, groceries, clothes and electronics, or digital products like movies, music and cloud storage space for your app or game, in as little as one click. Through its marketplace model — where it is both a middleman between consumers and sellers, and the seller itself of different goods and services — Amazon wants to be wherever people want to spend money. But there are certain forms of retail that may never translate to the online world.

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Topics:  landmark theatres   united states    wagner/cuban cos   amazon s prime fresh   echo   alexa-powered   april   tacking   theatres   tv   amazon studios   transparent   manchester   sea   dvd   controlling   it s   amazon    the   landmark   bloomberg s   foods   prime   moviepass   amc   theater   world   chain   distribution   movies   cinemas   digital   retail   money   grocery   business   products   store   people   film   largest   fact   selling   delivery   users   offering   empire   screens   companies   experiential   concessions   experience   screen   cinema   reports   covering   music   consumers   ways   films   place   model   interesting   subscribers   fit   physical   marketplace   give   shops   spend   budding   subscription   included   commerce   
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