Warner Bros’ announcement that it will release all 2021 movies straight to HBO Max is the punch that might lead to the cinema industry’s K.O.

Movie theatres are hurting.

Like many other sectors, the movie theatre industry has been shaken over the past year. Even before the global pandemic started, admissions to movie theaters in North America were in decline and companies were only able to continue generating profits by raising ticket prices — an unsustainable business model. This is in no small part due to the rise of streaming services such as Netflix, Prime Video, Hulu and Disney Plus…

Alexis Raymond

Business Technology enthousiast always on the hunt for self-improvement!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store