ClubMovie/Digital Cinema Network (DCN), Tech/IT at BoomTracks Sound, founder Small Cinema Owners (SCO)
Netflix moves into verticals offering direct to consumer entertainment (competing with exhibition) I have cautiously indicating such a move by the streamers is likely coming for a while now. with Sony buying drafthouse, and industry moving in to verticals the once paramount decree would have stopped. this will be another headwind to traditional cinema as yet more items appear of the menu of what consumers can spend disposable income. will other streamers follow this move? will they go with allowing any suitable venue to start offering early access to streaming hits movie and series? fragmenting the market even more... https://lnkd.in/gGYtyHZy
Matt Whittle
6mo
Great analysis James. The fragmentation and increase in competition in the streaming space is forcing the streamers to look for growth opportunities adjacent to their business models. As you say always a possibility that this would happen. The issue for the cinema industry as it stands, in that disposable funds in the population have plummeted and the uninspiring content being produced is that it will not have a strong defence against these moves.
Founder, Marketer, Innovator, Agent of Positive Change
6moI think they're doing it for the prizes: in their own cinemas, they can show whatever they want -> any title that was shown there once, can qualify for Oscars & stuff right? This way they don't have to depend on the good will of the major players who seem to have been their mortal enemies in the past years. 🤔