Netflix's Acquisition of Warner Bros. Raises Concerns Among French Exhibitors Over Theatrical Model
Netflix has announced an $83 billion acquisition of Warner Bros., a move that has raised significant concerns among French cinema exhibitors. France, known for its stringent regulations on streaming services, requires a 15-month window between theatrical releases and streaming availability. This acquisition could potentially disrupt the French film market, where Warner Bros. is a major player alongside Disney and Universal. French exhibitors fear that Netflix's control over Warner Bros. could lead to a shift away from traditional theatrical releases, impacting the local box office. Richard Patry, president of France's National Exhibitors Association, has expressed concerns about the potential consequences of this deal, emphasizing the importance of theatrical releases in France's cinema ecosystem.