European cinema body UNIC warns Netflix-Warner Bros deal will mean “significant cinema closures”

The International Union of Cinemas [UNIC], the European trade body representing cinema exhibitors and their national associations across 39 territories, has voiced strong opposition to the planned acquisition of Warner Bros by Netflix. Source: European cinema body UNIC warns Netflix-Warner … Continued

Theater Owners Worry Netflix Buying Warner Bros. Will Cripple Their Business: ‘Hopefully the Deal Gets Killed’

Movie theater operators are reeling after Netflix, long viewed as public enemy No. 1, announced that it has a deal in place to buy Warner Bros. for $82.7 billion. The sale, which still needs regulatory approval, has the potential to … Continued