Reed Hastings fired back at cinema chains Friday, with the Netflix chief accusing theater owners of “strangling the movie business” by refusing to budge on windows to allow streaming of films soon after release or even the same day. Hastings, speaking at the New Yorker’s TechFest 2016 event, claimed that movie studios want to “break the oligopoly”... Read more »
SOURCE: Variety at 12:52PM on October 7, 2016