Amazon May Acquire Landmark Theaters

Amazon May Acquire Landmark Theaters

Amazon is reportedly considering acquiring U.S. film theater chain Landmark Theatres reports Bloomberg.

Landmark is an indie film-focus chain which has around 250 screens speaking across twenty-seven markets around the country and is currently owned by a company belonging to Mark Cuban and Todd Wagner.

The news comes shortly after the Department of Justice recently announced its intention to re-evaluate a law barring movie studios from owning cinema chains. However earlier this year Cuban said there is ‘no rush to sell’.