With Possible Landmark Theaters Deal, Will Amazon Disrupt Yet Another Industry? [Forbes]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Forbes
David Bloom Contributor i Hollywood & Entertainment I'm a media/tech/entertainment writer, podcaster, teacher and analyst (AP Photo/Richard Drew) Reports surfaced overnight that Amazon is one of the companies interested in buying Landmark Theaters , the small but strategically well-placed arthouse movie chain owned by Mark Cuban and Todd Wagner. If Amazon can seal the deal, it could reverberate in several directions across Hollywood, shaking up yet another industry. Last year, Amazon sent shares of grocery companies plunging when it bought Whole Foods for $13.7 billion. The company's partnership with Berkshire Hathaway and JP MorganChase, to create a healthcare company , had similar follow-on effects on the rest of the health industry. Now comes a possible Landmark acquisition (an Amazon spokesman said the company had no comment). Landmark has about 250 screens in more than 50 theater
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BRK.B
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