The Los Gatos, Calif., company has explored the idea of buying movie theaters in Los Angeles and New York that would enable it to screen a growing pipeline of feature films and documentaries.
Netflix executives considered acquiring Los Angeles-based Landmark Theatres, co-owned by Mark Cuban, but backed off the idea, said two people who spoke on condition of anonymity because the plans are private.
One of the knowledgeable people said Netflix decided not to pursue a deal because executives believed the sale price for Landmark was too high.
A deal to purchase Landmark, owned by Cuban and Todd Wagner, would give Netflix a footprint of theaters in major media markets across the country. The privately held chain has 53 theatres comprising 255 screens in 27 markets including New York, Denver, Washington and San Francisco, according to its website. The exhibitor has three Los Angeles locations.
Netflix pulled in $2.67 billion in revenue last year, including a $66 million profit. Maybe one day it will have its own theater.
The full House Appropriations Committee voted to approve FY2018 funding for libraries. By a 28-22 margin, the committee approved the Labor, Health and Human Services, and Education (LHHS) funding bill, which proposes roughly $231 million for the Institute of Museum and Library Services (IMLS)—including $183.6 million for Library Services and Technology Act (LSTA) programs, and $27 million for the Department of Education’s Innovative Approaches to Literacy (IAL) program—essentially at 2017 funding levels.
In addition to saving the IMLS, the LHHS bill includes level funding for the Corporation for Public Broadcasting. However, it funds the Department of Education (DOE) at $66 billion—a cut of $2.4 billion from 2017, which includes the elimination of some important library-related programs, including the DOE’s Striving Readers program. ALA officials said they would work to restore it.
Meanwhile, on July 18, the House Appropriations Committee approved by a 30-21 margin the FY2018 Interior and Environment Appropriations, which includes $145 million each for the NEH and the NEA, roughly equal to FY 2017 funding levels.
The key votes come after President Trump’s call in May to eliminate IMLS and virtually all federal funding for libraries, as well as a host of other vital programs and agencies, including the NEH and the NEA. And, it comes after Congress, earlier in May, passed a belated 2017 budget that actually upped the IMLS, NEH, and NEA budgets.
Black Panther has T’Challa returning home to Wakanda after the events of Captain America: Civil War to take his place on the powerful nation’s throne. His return is met with trouble, however, in the form of competing factions challenging his rule and a dangerous enemy from his past. He must prove that he has the wisdom and strength to serve as both the king of Wakanda and its protector, the Black Panther.
Black Panther is scheduled to hit theaters February 16, 2018