Netflix has announced it has taken over the historic Paris cinema in New York.
It’s the first time the streaming giant – which has been accused of threatening the cinema experience – has taken a long-term lease to screen its films.
Hollywood website Deadline said the deal was a 10-year lease agreement.
Previously, Netflix has rented various cinemas for limited periods to ensure its films are eligible for awards. Its Oscar contender Marriage Story is now on at the Paris, which dates from 1948.
“Now, the iconic theatre will be kept open and become a home for special Netflix events, screenings, and theatrical releases,” the company said on Twitter.
?Major news alert ?
We’re beyond thrilled to announce that the doors to New York’s iconic Paris Theatre will remain open! pic.twitter.com/m5K0MZQz16
— Netflix Film (@NetflixFilm) November 25, 2019
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It is 71 years since screen legend Marlene Dietrich cut the ribbon to open the Paris, which became one of America’s most notable art house cinemas. It is New York’s last single screen cinema and had closed in late August.
