New York’s Paris Theater to stay open!
The historic Manhattan venue will officially remain open for business thanks to Netflix.
Multiple outlets confirm that the streaming giant has signed an extended lease agreement to keep the theater open, which means that the Paris Theater, Manhattan’s last single-screen movie palace is here to stay.
“After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a-kind movie-going experience,” said Ted Sarandos, Netflix’s Chief Content Officer. “We are incredibly proud to preserve this historic New York institution so it can continue to be a cinematic home for film lovers.”
While this is very good news, we’ve learned that Netflix isn’t planning on running the theater as a normal theater but rather plans to use it for its original movies, special events, and other screenings.