Part 5/11:
This shift is causing a crisis of identity, with theatres losing relevance and studios struggling to justify theatrical windows. Netflix has clashed with cinema chains over these issues—refusing to accept long exclusivity periods, pushing directly for simultaneous releases, and advocating for viewer accessibility—actions that threaten traditional theatrical dominance.
The Industry's Fight against Streaming Disruption
Major industry players, from theatre owners to Hollywood unions, are fighting desperately to maintain the status quo. The opposition to Netflix's bid is characterized by a slew of alarmist and ideologically charged arguments—ranging from cultural "democracy" concerns to accusations that the merger will eliminate jobs and reduce diversity.