Netflix executive Ted Sarandos reveals the $83 billion plan to transform Warner Bros. and save movie theaters.
The major exhibitors' top lobbying group, Cinema United, reiterated its opposition to Congress ahead of a Washington D.C. hearing on the Netflix acquisition.
Netflix's co-chief has clarified its stance on the theatre going experience amid its potential buyout of Warner Bros.
The trade association representing theater owners warned a congressional committee that the acquisition of Warner Bros. Discovery by either Netflix or Paramount will have a negative impact on their ...