Amazon reportedly looks to enter the brick-and-mortar cinema business

Amazon has already established brick-and-mortar stores selling its products and groceries, and now it apparently wants a slice of the cinema business.

As reported by Bloomberg, Amazon is looking to acquire Landmark Theatres, which claims to be the largest cinema chain dedicated to independent and foreign films, with 52 theatres in 27 markets.  

The e-commerce giant is reportedly working with other suitors to buy the chain from Mark Cuban and Todd Wagner-backed Wagner/Cuban Cos. There have been no decisions made, and with talks still to come, it’s not set in stone that a deal will go ahead. Read more…

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Source: Mashable | Amazon reportedly looks to enter the brick-and-mortar cinema business