Theaters would survive if they sued the studios using the existing Paramount precedent. Studios shouldn’t be allowed to own broadcast, cable, or streaming networks. They should be selling their content on the open market.
By owning the channels, the studios don’t have any incentive to release their movies in theaters. They make more money going straight to the outlets they own. (Or by killing content for a tax write off instead of letting outlets bid on the content.)
That may be the only way movie theaters survive. If they all close down I am curious what a future without blockbuster movies looks like.
Theaters would survive if they sued the studios using the existing Paramount precedent. Studios shouldn’t be allowed to own broadcast, cable, or streaming networks. They should be selling their content on the open market.
By owning the channels, the studios don’t have any incentive to release their movies in theaters. They make more money going straight to the outlets they own. (Or by killing content for a tax write off instead of letting outlets bid on the content.)
Vertical integration should have never been allowed.