Los Angeles Times

Netflix in talks to buy Egyptian Theatre in Hollywood

Netflix has been portrayed as the bogeyman of the movie theater industry for years. But now the streaming video giant is looking to preserve one of cinema's most famous historical institutions: the Egyptian Theatre on Hollywood Boulevard.

The Los Gatos company is in talks to buy the storied Egyptian Theatre from American Cinematheque, the Los Angeles-based nonprofit that currently owns the location known for hosting special screenings and events, said a person close to the matter who was

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