Theater Owners Call Pending Netflix Warner Bros Merger “Catastrophic” In Statement To Senate Lawmakers

Cinema United, the trade org for exhibition, have made their remarks about the pending Netflix Warner Bros merger to the Senate antitrust subcommittee public, saying “If Netflix succeeds in acquiring Warner Bros., the results will be economically and culturally catastrophic: fewer theatres, shorter windows, less revenue, fewer jobs across the national and global entertainment industry, […]