What happens when Netflix buys Hollywood's iconic Egyptian Theatre? It's complicated
LOS ANGELES - North Hollywood-based librarian Christina Rice, 45, loves to see movies with her 9-year-old daughter at the Egyptian Theatre in Hollywood.
On a recent Friday afternoon, she trekked to the historic movie palace for a lively screening of the 1942 feature "Get Hep to Love," where she sat with former child actress Cora Sue Collins, who starred in the picture. The screening, part of the annual Cinecon Classic Film Festival, was a special moment for Rice.
"To be in a theater like that on Hollywood Boulevard, with cinephiles just going crazy, and to be watching it with someone who was actually in the movie. ... Only in Hollywood," she said.
But lately, Rice has been worried about the future of the beloved Egyptian. American Cinematheque, the nonprofit that has owned and operated the location for more than two decades, has been in protracted negotiations to sell the theater to an unlikely buyer: the streaming video giant Netflix Inc.
When the talks first surfaced in April, sources said discussions
