Battered Theater Business Faces New Blow With Netflix-Warner Deal
Headline from Forbes
Streaming giant Netflix has never been about releasing movies in theaters. Its $82 billion purchase of Warner Bros. would be another blow to struggling theaters.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Streaming giant Netflix has never been about releasing movies in theaters. Its $82 billion purchase of Warner Bros. would be another blow to struggling theaters.
Netflix co-CEO Ted Sarandos assures press and investors it will honor Warner Bros.' prior theatrical release agreements but to expect that to 'evolve' to be more 'consumer friendly.'