Exhibitors Explode Over Netflix Bomb

November 2013
Variety;11/5/2013, Vol. 321 Issue 18, p15
Trade Publication
The article reports on a proposal by on-demand Internet streaming media provider Netflix chief content officer Ted Sarandos to release movies on his company's platform at the same time they are opening in theaters. Sarandos reportedly aims to produce movies with budgets ranging between 15 million dollars and 30 million dollars. The article also highlights movie studios' reluctance to shorten the period of film showing exclusive for movie theaters.


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