Souring on Streaming, Hollywood Falls Back in Love With Movie Theaters

In recent years, Hollywood had a serious case of Netflix envy, with studios opting to launch their own streaming services. To do that, they amassed a lot of red ink building splashy streaming shows and shrunk the amount of time that movies screened exclusively in cinemas as a way of generating enthusiasm for the likes of Disney+, Paramount+ and HBO Max. But lately, Wall Street has soured on the economics of streaming.

Source: Desperate for Profits and Souring on Streaming, Hollywood Falls Back in Love With Movie Theaters

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