Cinema United Chief Michael O’Leary on the Threat to Moviegoing From Netflix Buying Warner Bros.: ‘We Cannot Survive Simply on Blockbusters’
Cinema United warns Netflix's Warner Bros. acquisition could cut theatrical film releases by 43%, threatening mid-sized movies that sustain theaters beyond blockbusters.
5 Articles
5 Articles
ANALYSIS | Why some worry the Netflix bid to buy Warner Bros. could kill moviegoing
Some in the movie theatre industry are expressing grave concerns over Netflix's bid to buy Warner Bros. Discovery, worried it poses a threat to the future of theatregoing itself. Meanwhile, industry analysts suggest theatre companies and studios need to do more to give customers faced with rising prices compelling reasons to see movies in cinemas.
Cinema United Chief Michael O’Leary on the Threat to Moviegoing From Netflix Buying Warner Bros.: ‘We Cannot Survive Simply on Blockbusters’
On today’s episode, Michael O’Leary, president and CEO of Cinema United, discusses the state of moviegoing and the reaction among exhibitors to the Netflix-Warner Bros. Discovery news. The leader of the world’s largest lobbying group for movie theater owners unpacks why exhibitors are so worried about Netflix taking the keys to Hollywood’s biggest producer of theatrical films. O’Leary cites Cinema United research indicating that when one sizab…
Netflix Was Working on Buying Disney Before Warner Bros. Deal, So is Disney Up For Sale as Well!?
Netflix making a play for Warner Bros. Pictures and HBO already feels like a massive turning point for Hollywood, but it turns out this was not the streamer’s first stop while scouting for a major acquisition. According to new reports, Netflix actually explored the idea of buying Disney and everything that comes with it before locking onto its current $82.7 billion move for Warner Bros. Discovery’s film and television assets.That early explorati…
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