MUMBAI: The Academy of Motion Picture Arts and Sciences is mulling with the idea to open a 17,000-square-foot amphitheater next May as a venue to show classic films, it is said.

Incidentally, the Academy bought the land way back in 2005 with the intention to build a world-class film museum there but abandoned the idea after the economy crisis hit the world making it impossible to raise the funds needed to build a whole new facility.
 
In October, the Academy announced plans to lease a former May Co. department store now owned by the Los Angeles County Museum of Art and put the movie museum there.