Netflix has considered buying theatres to gain an Oscar edge, sources say

Netflix is exploring the idea of buying movie theaters to stream its films and documentaries. (Netflix)

Netflix, the global streaming giant that has dramatically changed the TV industry and clashed with movie theatre owners, may be ready to move onto the big screen in a new and surprising way – by owning cinemas. 

The Los Gatos, California, company has explored the idea of buying movie theatres in Los Angeles and New York that would allow it to screen its growing pipeline of feature films and documentaries, according to people familiar with the situation.