Current:Home > ScamsNetflix plans to open brick and mortar locations -MoneyStream
Netflix plans to open brick and mortar locations
View
Date:2025-04-12 10:28:37
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! (86894)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Sam Bankman-Fried to be released on $250 million bail into parents' custody
- Target recalls weighted blankets after reports of 2 girls suffocating under one
- Detlev Helmig Was Frugal With Tax Dollars. Then CU Fired Him for Misusing Funds.
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Kelly Clarkson Shares How Her Ego Affected Brandon Blackstock Divorce
- Kim and Khloe Kardashian Take Barbie Girls Chicago, True, Stormi and Dream on Fantastic Outing
- You People Don't Want to Miss New Parents Jonah Hill and Olivia Millar's Sweet PDA Moment
- Grammy nominee Teddy Swims on love, growth and embracing change
- The blizzard is just one reason behind the operational meltdown at Southwest Airlines
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- With Climate Change Intensifying, Can At-Risk Minority Communities Rely on the Police to Keep Them Safe?
- Across America, Five Communities in Search of Environmental Justice
- Climate Activists See ‘New Era’ After Three Major Oil and Gas Pipeline Defeats
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- For the Sunrise Movement’s D.C. Hub, a Call to Support the Movement for Black Lives
- Chevron’s ‘Black Lives Matter’ Tweet Prompts a Debate About Big Oil and Environmental Justice
- Biden’s Climate Plan Embraces Green New Deal, Goes Beyond Obama-Era Ambition
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
We battle Planet Money for indicator of the year
The federal spending bill will make it easier to save for retirement. Here's how
Cupshe Blowout 70% Off Sale: Get $5 Swimsuits, $9 Bikinis, $16 Dresses, and More Major Deals
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Chevron’s ‘Black Lives Matter’ Tweet Prompts a Debate About Big Oil and Environmental Justice
A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline
It's really dangerous: Surfers face chaotic waves and storm surge in hurricane season