Netflix saves historic New York cinema
STREAMING giant Netflix has saved New York’s Paris Theatre after taking out a ten-year lease on the historic building.
New York City’s last remaining single-screen cinema was forced to shut its doors in August. But Netflix – which has been accused of threatening the cinema industry – has stepped in to save the 71-year-old site, which lies just off Fifth Avenue, on a corner of Central Park.
The firm has previously rented cinemas for limited periods so its films could be eligible for Oscar nominations.
Announcing the deal, Netflix said the Paris would become a hub for special events. It recently screened Marriage Story, starring Scarlett Johansson (pictured) and Adam Driver, at the 581-seat theatre.
Ted Sarandos, Netflix’s chief content officer, said: ‘We are proud to preserve this historic New York institution.’