Current:Home > MarketsNetflix plans to open brick and mortar locations -ProfitZone
Netflix plans to open brick and mortar locations
View
Date:2025-04-17 22:22:26
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! (61)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Ryan Reynolds thanks Marvel for 'Deadpool & Wolverine' slams; Jude Law is a Jedi
- Can't get enough of 'The Summer I Turned Pretty' books? Try these romances next
- 'Snow White' trailer unveils Gal Gadot's Evil Queen; Lindsay Lohan is 'Freakier'
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- In Jordan Chiles' case, IOC has precedent to hand out two bronze medals
- Kate Middleton Makes Surprise Appearance in Royal Olympics Video
- Kate Middleton Makes Surprise Appearance in Royal Olympics Video
- What do we know about the mysterious drones reported flying over New Jersey?
- Tragic 911 calls, body camera footage from Uvalde, Texas school shooting released
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Maryland house leveled after apparent blast, no ongoing threat to public
- 2024 Olympics: The Internet Can't Get Enough of the Closing Ceremony's Golden Voyager
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Ab Initio
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- USWNT wins its fifth Olympic gold medal in women’s soccer with a 1-0 victory over Brazil in final
- Sifan Hassan's Olympic feat arguably greatest in history of Summer Games
- 73-year-old ex-trucker faces 3 murder charges in 1977 California strangulations
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Ryan Reynolds thanks Marvel for 'Deadpool & Wolverine' slams; Jude Law is a Jedi
Steph Curry, Kevin Durant, LeBron James star in USA basketball Olympic gold medal win
Latinos are excited about Harris, but she has work to do to win the crucial voting bloc, experts say
A White House order claims to end 'censorship.' What does that mean?
2024 Olympics: Australian Breakdancer Raygun Reacts to Criticism After Controversial Debut
Watch: These tech tips help simplify back-to-school shopping
Horoscopes Today, August 10, 2024