FilmmakerIQ.com: Netflix Wants To Replace The Movie Theater

FilmmakerIQ.com

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Netflix Wants To Replace The Movie Theater Oct 29th 2013, 01:00, by John P. Hess The internet streaming giant wants to displace the movie theater. If you hate spending money to see lame new Hollywood movies in theaters, Netflix wants to fix that for you, by letting you watch all of the lame new Hollywood movies on your own couch. This, in Netflix’s estimation, might actually make movies better. It would almost certainly improve Netflix’s profits. “Why not premiere movies on Netflix the same day they’re opening in theaters?” Ted Sarandos, Netflix’s Chief Content Officer, said during his keynote speech at the 2013 Film Independent Forum on Saturday in Los Angeles, Calif. “Why not follow what the consumers desire, to watch things when they want, instead of spending tens of millions of dollars to advertise to people who may not even live near a theater?” “And not little movies,” Sarandos added. “Why not big movies?” Netflix is widely known as a source for older movies and recent seasons of TV shows, but it clearly wants to provide all of the content. Huffington Post | Read the Full Article

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