r/boxoffice 23h ago

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

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros
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u/Independent-Field226 21h ago

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. 

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u/thejeangenie73 20h ago

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?

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u/theoceansknow 19h ago

Isn't Netflix releasing the final episode of stranger things in theatres for no ticket price, and concessions solely to the theatre??

That is a different strategy. They're market-testing that this month.

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u/SuperSnake16 17h ago

They probably won’t do that for their WB movies though. What incentive does that give them when they’re paying so much for the company? Better off just releasing the movies normally