Current:Home > ScamsNetflix plans to open brick and mortar locations -Streamline Finance
Netflix plans to open brick and mortar locations
View
Date:2025-04-18 08:09:54
Netflix recently shuttered the longstanding mail-order DVD service that led to the closure of video stores around the world and ushered in the era of streaming. But now the company appears to be embracing brick and mortar.
According to a Bloomberg report quoting Josh Simon, the company's vice president of consumer products, Netflix aims to open a network of stores offering retail, dining and live entertainment that leverage its TV shows and movies.
Netflix has not announced what it will be selling at the locations; it's unclear if DVDs or any type of physical media will be part of the inventory.
The streamer plans to open the first two of these "Netflix House" locations in unannounced cities in the U.S. in 2025. It hopes to expand the concept to major cities around the world thereafter.
"We've seen how much fans love to immerse themselves in the world of our movies and TV shows," Simon told Bloomberg. "And we've been thinking a lot about how we take that to the next level."
Netflix did not immediately respond to NPR's request for comment.
Though Disney, a major Netflix competitor, has been in the retail, dining and live entertainment spaces for decades, such offerings have not yet been part of Netflix's core brand. But the company has recently been dabbling in these areas.
Earlier this year, the streamer opened a pop-up restaurant in Los Angeles featuring menu items created by chefs associated with Netflix cooking shows. The company has also launched pop-up stores offering merchandise from its hit show Stranger Things in cities such as Paris, Las Vegas and Chicago.
It was also involved in The Queen's Ball: A Bridgerton Experience, a traveling production that recreated sets from the Netflix show Bridgerton with actors, live music and dancing.
It's not unusual for successful online brands to gravitate to the physical world. Amazon, for example, opened brick and mortar stores and acquired Whole Foods Market.
"Netflix is an ecosystem. It opened a merchandise shop a couple of years ago. It's investing in mobile games. It's more than just a place for your remote control to gravitate to at the end of a long day," said Rick Munarriz, a senior media analyst with the investment advice company, The Motley Fool, in a statement to NPR. "Success in the real world through location-based entertainment is the spoils of victory for a leading tastemaker. If Disney and NBC Universal can operate theme parks I give Netflix a decent shot of succeeding with this venture."
But NPR TV critic Eric Deggans is less convinced about Netflix's forays into the real world.
"It sounds like Netflix is trying to do what Disney does," Deggans said. "But Disney has been doing what Disney does for a very long time. And the amount of money Netflix would have to spend to actually compete with them doesn't make any sense to me."
Deggans added: "I think it's some kind of weird experiment that they probably will not do for very long."
veryGood! (1)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- 6-year-old Mississippi girl honored for rescue efforts after her mother had a stroke while driving
- Police identify North Carolina man fatally shot by officer during Thanksgiving traffic stop
- Best ways to shop on Black Friday? Experts break down credit, cash and 'pay later' methods
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Paper mill strike ends in rural Maine after more than a month
- Rep. Dean Phillips, a Democrat running for president, says he won’t run for re-election to Congress
- Republican ex-federal prosecutor in Philadelphia to run for Pennsylvania attorney general
- All That You Wanted to Know About She’s All That
- Massachusetts is creating overnight shelter spots to help newly arriving migrant families
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Alabama priest Alex Crow was accused of marrying an 18-year-old and fleeing to Italy.
- Mississippi deputy wounded as officers exchange gunfire with possible suspect in earlier killing
- New Zealand’s new government promises tax cuts, more police and less bureaucracy
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- How NYPD is stepping up security for Macy's Thanksgiving Day Parade
- Cleanup, air monitoring underway at Kentucky train derailment site
- Ukraine aims a major drone attack at Crimea as Russia tries to capture a destroyed eastern city
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Hill’s special TD catch and Holland’s 99-yard INT return lead Dolphins past Jets 34-13
Joshua Jackson and Jodie Turner-Smith Reach Custody Agreement Over Daughter
The Excerpt podcast: Israel-Hamas truce deal delayed, won't start before Friday
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Feel Free to Bow Down to These 20 Secrets About Enchanted
Kentucky residents can return home on Thanksgiving after derailed train spills chemicals, forces evacuations
New Zealand’s new government promises tax cuts, more police and less bureaucracy