European Cinema Body UNIC Slams Netflix-WB Deal As “Failing Cinema In Every Regard” & “Worse” Than Disney Acquiring Fox
NegativeEntertainment

- The European cinema trade body UNIC has criticized Netflix's acquisition of Warner Bros, labeling it as detrimental to cinema and worse than Disney's acquisition of Fox. UNIC, representing 43,500 screens across 39 European countries, is concerned about the implications for theatrical releases and the overall film industry.
- This deal is significant for Netflix as it marks a major expansion into traditional film production and distribution, potentially reshaping its content library and market position. The acquisition could enhance Netflix's competitive edge against other media giants.
- The backlash from UNIC reflects ongoing tensions in the film industry regarding the impact of streaming services on traditional cinema. Concerns about the future of theatrical releases and the balance of power in media acquisitions are prevalent, as industry stakeholders debate the implications of such consolidations on audience access and film diversity.
— via World Pulse Now AI Editorial System







