Netflix wants to change how you watch movies. Steven Spielberg wants preserve the theatrical experience. Those two points of view are clashing, with Netflix pushing back against a plan that Spielberg reportedly has to create rules that could block the streaming giant from future Oscars contention.
"It's the old guard versus the new guard," said Jeff Bock, senior box office analyst at Exhibitor Relations."We're at a crossroads on how people are enjoying their entertainment."Netflix on Sunday night responded to Spielberg's reported plans by tweeting from its film unit's Twitter account,"We love cinema."The company said in its tweet that it"also loves...
Netflix has been releasing its original films on its service at the same time they are in theaters, and sometimes does not release them in theaters at all.That's a threat to the bottom line of the theater industry, which makes it money from the box office and concession sales.
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