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Netflix CEO Reed Hastings: Movie Theaters Haven't Innovated Beyond Popcorn by Janko Roettgers

Asked about his company’s relationship with major theater chains, Netflix CEO Reed Hastings didn’t pull any punches on Thursday. “How did distribution innovate in the movie business in the last 30 years? Well, the popcorn tastes better, but that’s about it,” he quipped. Hastings made these remarks during a Q&A session with reporters at the company’s headquarters... Read …

SOURCE: Variety at 1:41pm on March 17, 2017

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