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Is Amazon Eyeing a Movie Theater Chain to Grow Its Empire?

Is Amazon Eyeing a Movie Theater Chain to Grow Its Empire?

Internet giant Amazon (AMZN) is reportedly seeking to acquire Landmark Theatres, a chain of movie theaters, to build its own movie portfolio and attract customers to its Amazon Prime subscription. According to Bloomberg, citing anonymous sources, the online retail giant is seeking to acquire the theater chain from Wagner/Cuban Cos., which is backed by Tom Wagner and Mark Cuban.