Non-profit film organization will still lead curation of movie screenings on Fridays, Saturdays and Sundays
Netflix and the American Cinematheque are partnering on a deal to invest in the restoration of the historic, century-old Egyptian Theatre on Hollywood Boulevard, the two groups announced Friday.
Netflix will invest in the theater’s renovation and will use the space for events, screenings and premieres during the week, while the non-profit film organization American Cinematheque will continue to curate its movie program on the weekends. The announcement says that the partnership will allow American Cinematheque to expand the scope of its event programming, festivals and educational outreach.
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“The Egyptian Theatre is an incredible part of Hollywood history and has been treasured by the Los Angeles film community for nearly a century,” Scott Stuber, head of Netflix Films, said in a statement. “We’re honored to partner with the American Cinematheque to preserve the theater’s storied legacy and continue providing remarkable film experiences for audiences. We look forward to expanding programming at the theater in ways that will benefit both cinema lovers and the community.”
“The American Cinematheque was honored to bring the Egyptian back to life in 1998, and together with Netflix we are thrilled to continue this stewardship by restoring it once again for a new generation of film fans to experience movies on the big screen,” chairman of the American Cinematheque, Rick Nicita, said in a statement.
