Current:Home > MarketsNetflix plans to open brick and mortar locations -ProfitSphere Academy
Netflix plans to open brick and mortar locations
View
Date:2025-04-14 21:56:55
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! (77)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Amazon sued for allegedly signing customers up for Prime without consent
- FDA changes rules for donating blood. Some say they're still discriminatory
- Rita Wilson Addresses That Tense Cannes Film Festival Photo With Tom Hanks
- Trump invites nearly all federal workers to quit now, get paid through September
- More than 6 in 10 say Biden's mental fitness to be president is a concern, poll finds
- Two Farmworkers Come Into Their Own, Escaping Low Pay, Rigid Hours and a High Risk of Covid-19
- North Carolina's governor vetoed a 12-week abortion ban, setting up an override fight
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- As the Culture Wars Flare Amid the Pandemic, a Call to Speak ‘Science to Power’
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- #BookTok: Here's Your First Look at the Red, White & Royal Blue Movie
- Sagebrush Rebel Picked for Public Lands Post Sparks Controversy in Mountain West Elections
- Teens say social media is stressing them out. Here's how to help them
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- CBS News poll finds most say colleges shouldn't factor race into admissions
- What we know about the tourist sub that disappeared on an expedition to the Titanic
- Legendary Singer Tina Turner Dead at 83
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Psychedelic freedom with Tonya Mosley; plus, 'Monica' and ambiguous apologies
An abortion doula pivots after North Carolina's new restrictions
What we know about the tourist sub that disappeared on an expedition to the Titanic
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Search for missing OceanGate sub ramps up near Titanic wreck with deep-sea robot scanning ocean floor
Today’s Dylan Dreyer Shares Son Calvin’s Celiac Disease Diagnosis Amid “Constant Pain”
Psychedelic freedom with Tonya Mosley; plus, 'Monica' and ambiguous apologies