Netflix Supports Premium VOD Service The Screening Room, Peter Jackson Says Home Movie Service Is "Inevitable"
It's a bit odd that many in the movie industry are throwing their weight behind Sean Parker's The Screening Room startup, which proposes to bypass the theatrical and home video window and make movies day-and-date available to view at home for $50. No one seems to remember this is the guy who singlehandedly decimated the music industry via Napster, and who is now offering a service that could radically threaten the big screen experience. However, the reason many in Hollywood have cottoned to the idea is that a shift is already happening thanks to streaming services, and not surprisingly, Netflix sees The Screening Room as an evolutionary step.
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“We wouldn’t mind having our films available on that product. Our focus is on movie lovers and trying to get the product that they want at reasonable prices,” Netflix CCO Ted Sarandos told investors (via...