Amazon is reportedly looking into buying a chain of movie theaters. Here’s why that makes sense. (AMZN)
|08/17/2018||Posted by BusinessMediaguide.Com under General World News||
- Amazon is reportedly in the running to purchase Landmark Theatres, a small chain of movie theaters that primarily show independent and foreign films, Bloomberg reported Thursday.
- Owning Landmark would give Amazon another physical space to connect with customers, according to GBH Insights’ Daniel Ives.
- A purchase could be another sign that Amazon is looking outside its traditional growth area — customers’ homes — to grow sales and Prime memberships.
Amazon might be looking to make a mark at the movies.