Theater Owners Worry Netflix Buying Warner Bros. Will Cripple Their Business: ‘Hopefully the Deal Gets Killed’

Movie theater operators are reeling after Netflix, long viewed as public enemy No. 1, announced that it has a deal in place to buy Warner Bros. for $82.7 million. The sale, which still needs regulatory approval, has the potential to re-shape a business that is already struggling to regain its pre-pandemic stride, leaving cinemas with […]