After the film production, Amazon wants to invest the cinemas: the giant of the online commerce is on the ranks to acquire the American network Landmark Theaters, reports Thursday Bloomberg News.
Jeff Bezos’ group is said to be in talks with Wagner / Cuban Cos, owned by billionaires Mark Cuban and Todd Wagner, Bloomberg adds, citing unnamed sources.
Other potential buyers are also in the running and it is not certain that these negotiations result in a transaction, warns Bloomberg.
Contacted by AFP, Amazon has not responded immediately.
An agreement between Amazon and Wagner / Cuban Cos would mark the online retail giant’s second foray into physical outlets after the purchase of the US organic food chain Whole Foods for $ 13.7 billion a year latest.
A takeover of Landmark would allow him to get his hands on a chain of movie theaters focused on independent and foreign films.
Landmark was founded in 1974 and is present in nearly thirty major cities for a total of more than 250 screens. He manages more than 50 movie theaters in New York, Philadelphia, Chicago, Los Angeles and San Francisco.