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Investor Kevin O'Leary Says Movie Theaters Are Not Dead — 'The Only Restraining Aspect of Content Consumption is How Many Hours People Are Awake' [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Discovery (NASDAQ: WBD ) fear the deal will be the death of movie theaters , but "Shark Tank" investor Kevin O'Leary says, "Factually, that's not correct." In a post on X , O'Leary argued that the competition isn't between streaming and theaters but a fight for human attention. "People watch movies on their phones, their tablets, their home TVs, in theaters," he said. "There's never been a more diversified way of screening content. "The only restraining aspect of content consumption is how many hours people are awake," he added. Don't Miss: An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform Missed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — Lithium O'Leary said Amazon.com Inc. (NASDAQ: AMZN ) is a prime example of why the big screen remains vital. Amazon continues to fund major theatrical releases because certain cinematic experiences cannot be replicated in a living room. Theaters that lean into high [Read more]
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Stockreport

Investor Kevin O'Leary Says Movie Theaters Are Not Dead — 'The Only Restraining Aspect of Content Consumption is How Many Hours People Are Awake' [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Discovery (NASDAQ: WBD ) fear the deal will be the death of movie theaters , but "Shark Tank" investor Kevin O'Leary says, "Factually, that's not correct." In a post on X , O'Leary argued that the competition isn't between streaming and theaters but a fight for human attention. "People watch movies on their phones, their tablets, their home TVs, in theaters," he said. "There's never been a more diversified way of screening content. "The only restraining aspect of content consumption is how many hours people are awake," he added. Don't Miss: An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform Missed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — Lithium O'Leary said Amazon.com Inc. (NASDAQ: AMZN ) is a prime example of why the big screen remains vital. Amazon continues to fund major theatrical releases because certain cinematic experiences cannot be replicated in a living room. Theaters that lean into high [Read more]
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