Arthouse cinema chain Landmark Theatres has been sold by Mark Cuban and Todd Wagner to Cohen Media Group for an undisclosed sum, the company announced on Tuesday.
The purchase ends a long bidding battle for Landmark after the two businessmen put the chain on the block back in April. Cuban and Wagner first purchased Landmark back in 2003, placing it under their 2929 Entertainment banner alongside Magnolia Pictures, HDNet, and AXS TV. A sale of Landmark had previously been attempted in 2013, but no deal was made.
Among those that reportedly considered buying Landmark this year were streaming giants Amazon Studios and Netflix.