Producer Jason Blum thinks movie studios and theaters have already lost to Netflix [Re/code]

Producer Jason Blum thinks movie studios and theaters have already lost to Netflix [Re/code]

By Theodore Schleifer

March 10, 2018 | Filmmaker Jason Blum thinks that the battle between studios, theaters and streaming services like Netflix over how movies are released is basically over — and his industry lost.

The movie industry has long been debating when films should be offered outside of theaters. Simultaneously? After weeks? After months? Well, Blum said Saturday that during that negotiation, companies like Netflix and Amazon won by creating their own content that effectively allowed them to usurp the studios…

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