Entertainment World

The Streaming Giant, Netflix, made a Historic Decision as it Purchased the Heritage Egyptian Theater

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Recently Netflix has purchased Egyptian Theater which would help for the streaming of central position for the movies. A theater built in 1922 in Los Angeles have hosted Hollywood’s first movie premiere known as “Robin Hood” which will be streamed on Netflix soon. This “Egyptian Theater” is a huge part of Hollywood which is treasured by industry from a very long time. This is a news which is confirmed by Scott Stuber who is Netflix’s film head.

Credit: Hollywoodreporter.com

This theater in Los Angeles has also saw work of other great actors such as Charlie Chaplin and mogul Cecil B. DeMile. Some other movie which shall be included to Netflix are “The Gold Rush” and “The Ten Commandments”. A vast amount of money has been spent for this collaboration to bring traditional form of art into the modern world. Other studios involved into this project are “Roma” and “The Irishman”. According to the streaming the work from theater of Paris is also included for special events and screenings.

Generally to take this kind of project into the real world it takes almost 90 days. But since Netflix is such a big name and company therefore the movies will be available sooner. According to news from Hollywood IndieWire Netflix is skipping traditional movie festival this year such as Venice, Toronto and NYC. The premiere would take place on their independent places. Mayor Eric Gracetti says they are working for bringing back love towards LA’s history and identity. They are looking forward to bring back the audience to theaters. Netflix would play a big role to this change. This way the audience will be able to look back at the history and purest form of acting without any cuts and rolls.