Movie Theaters Haven’t Innovated Beyond Popcorn, Says Netflix CEO

Janko Roettgers, reporting for Variety: Asked about his company’s relationship with major theater chains, Netflix CEO Reed Hastings didn’t pull any punches on Thursday. “How did distribution innovate in the movie business in the last 30 years? Well, the popcorn tastes better, but that’s about it,” he quipped. “What Netflix wants to do is to unleash film,” he said. “It’s fundamentally about growing the movie business.” […] On Thursday, Hastings pushed back against the notion that the company aims to bypass theaters. “We are not anti theater,” he said. “We just want things to come out at the same time.”

Read more of this story at Slashdot.


Source: www.slashdot.org

Leave a Reply