Netflix looms large as theater owners assess industry future

LAS VEGAS: As movie theater owners converge on Las Vegas for their annual convention, one topic that keeps coming up is how they contend with a company that has resisted their traditional business model: Netflix Inc.

He insisted that Netflix and theaters can happily co-exist, citing data that showed the biggest consumers of streaming video visit theaters more often. He also said Netflix had helped revive interest in documentaries, which had helped draw people to theaters to see them. Antitrust chief Makan Delrahim sent a letter to the academy warning that any changes that limited eligibility for the industry's highest honors"may raise antitrust concerns," according to Variety.

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