https://www.cnet.com/news/netflix-has-reportedly-considered-buying-movie-theaters/

The streaming giant explored the idea of buying movie theaters in New York and Los Angeles to screen its growing stable of original programming, the Los Angeles Times reported Wednesday. The company reportedly eyed Los Angeles-based Landmark Theatres but recently backed off the idea because executives feared the purchased price would be too high.

Purchasing a movie theater chain would represent a new component in the streaming giant's ambitions to become an entertainment giant. The Los Gatos, California-based company plans to spend up to $8 billion on content this year, but it's still getting little respect from the traditional filmmaking industry.