OMAHA, Neb. (WOWT) – Some local theater owners are concerned as streaming services look to gain more power in the film industry, worrying it could take more movies directly to your home, instead of the big screen.
Within days of Netflix making a bid to buyout a large part of Warner Bros., Paramount launched a hostile takeover for the entire company.
“I think that Netflix taking over a major studio like Warner Brothers could threaten something like the theatrical system,” said Elijah Hoefer, Film Streams director of programming…