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Matt Damon raises concerns about a disturbing Netflix trend [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
You waited patiently for the theatrical release, bought tickets, got dressed, and enjoyed a movie night with friends. It was a planned outing, devoted entirely to watching the film. Now, it's a stay-at-home night, a movie on a flat screen, speakers that hardly deserve mentioning, and countless distractions. These are completely different movie-watching experiences. About 75% of U.S. adults watched a newly released movie via streaming instead of in the theater at least once in 2024, according to a survey from The Associated Press-NORC Center for Public Affairs Research About three in 10 respondents said they watch new movies on streaming platforms at least once a month. The data suggest that most American cinema fans are now more likely to stream a movie than see it in theaters, a trend that accelerated during and after the Covid pandemic. Convenience and cost are the two main drivers behind this shift. The new trend amid filmgoers has dire consequences, and actor Matt Damon
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