Exclusive: A report surfaced last night that Amazon is in the running to acquire the Landmark arthouse movie chain. We hear from various sources on good authority that Amazon isn’t in the running nor are they even in the final rounds for Landmark.
Landmark, owned by Wagner/Cuban cos., was put up for a sale a second time during the owners’ history back in April.
For 53 venues and 255 screens across the nation, we understand that the going price for Landmark is around an estimated $175M. The Landmark boasts such platinum properties like the exhibitor’s new 57 West locale, The Landmark on Pico in Los Angeles, Boston’s Kendall Square, the Atlantic Plumbing Cinema in Washington D.C., and Merrick Park in Miami, many of which include luxury dining. The chain’s venues are a mix of leases and some owned brick-and-mortar.
Bloomberg first reported that Amazon was in the...
Landmark, owned by Wagner/Cuban cos., was put up for a sale a second time during the owners’ history back in April.
For 53 venues and 255 screens across the nation, we understand that the going price for Landmark is around an estimated $175M. The Landmark boasts such platinum properties like the exhibitor’s new 57 West locale, The Landmark on Pico in Los Angeles, Boston’s Kendall Square, the Atlantic Plumbing Cinema in Washington D.C., and Merrick Park in Miami, many of which include luxury dining. The chain’s venues are a mix of leases and some owned brick-and-mortar.
Bloomberg first reported that Amazon was in the...
- 8/16/2018
- by Anthony D'Alessandro
- Deadline Film + TV
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