Tech
Multiplex Association of India raises concerns over Netflix’s proposed acquisition of Warner Bros
[ad_1]
The Multiplex Association of India (MAI) on Saturday raised its concerns over Netflix’s proposed acquisition of Warner Bros Discovery, saying that it poses a direct competition and economic threat to India’s theatrical and broader film economy.
The Acquisition of Warner Bros, one of the world’s leading studios, by a dominant streaming platform that has historically deprioritised theatrical releases, poses a direct economic threat to India’s broader film economy, MAI said in a statement.
On Friday, Netflix said it has struck a deal with Warner Bros…
[ad_2]
Source link
Continue Reading