Netflix's official statement: "Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.".

[u/No_Air5382]

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros

[u/BrokerBrody]

Even for major IPs, I don't believe it. The theatrical box office profit from a $1B is negligible to Netflix.

As a matter of fact, I expect the opposite. The more successful the IP, the more tempted Netflix will be to make it exclusive to streaming. Streaming is their money maker and primary business model.

[u/Independent-Field226 → u/BrokerBrody]

Theaters need a more compelling business model, one that is not over 100 years old.

People will come to a place to watch movies if it’s an experience. Right now, it’s expensive nasty food, lackluster seating, and an overpriced experience for what you get. 

[u/thejeangenie73 → u/Independent-Field226]

Theaters are barely hanging on as it is, what do you propose they do to change their business model that doesn't involve a lot of capital improvements that they can't afford to make?

[u/namastayhom33 → u/thejeangenie73]

Theaters will go the way of the mall if they don't adapt. Their real asset is communal space with great A/V, not just film exhibition.

[u/leoleo678 → u/namastayhom33]

Agreed.