Multiplex Association of India raises concerns over Netflix’s proposed acquisition of Warner Bros

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…