Netflix’s Warner Bros. deal: Indian multiplexes flag existential concerns
NEW DELHI: The Multiplex Association of India (MAI) on Sunday raised strong objections to the proposed acquisition of Warner Bros. Discovery by global streaming major Netflix, warning that the deal could significantly hurt India’s theatrical ecosystem.
India’s cinema business relies on a steady pipeline of international and local releases to draw audiences, MAI said, adding that the acquisition of a major Hollywood studio by a dominant streaming platform — which has “historically deprioritised” theatrical releases — threatens both competition and the broader film economy.
