It’s a streaming world, and we’re just living in it.
With a majority of the globe’s movie theaters closed due to Covid, and Hollywood studios scrambling to figure out new distribution models, Netflix has already been experiencing the roaring ’20s with close to 204 million subscribers taking in the service worldwide and the company’s market cap at $221.7 billion. Netflix announced that they will debut 70 films during 2021 (the top 5 studios in pre-pandemic times can release as many as 90 theatrical titles combined), and working in their favor, it looks like we’re all going to be staying at home for a while as we wait for incoming President Joe Biden’s 100 million vaccines in his first 100 days to take effect.
With Netflix having already made a deal with Cinemark to show their movies on a shortened window –unthinkable for a major chain to agree to before the pandemic– Co-CEO...
With a majority of the globe’s movie theaters closed due to Covid, and Hollywood studios scrambling to figure out new distribution models, Netflix has already been experiencing the roaring ’20s with close to 204 million subscribers taking in the service worldwide and the company’s market cap at $221.7 billion. Netflix announced that they will debut 70 films during 2021 (the top 5 studios in pre-pandemic times can release as many as 90 theatrical titles combined), and working in their favor, it looks like we’re all going to be staying at home for a while as we wait for incoming President Joe Biden’s 100 million vaccines in his first 100 days to take effect.
With Netflix having already made a deal with Cinemark to show their movies on a shortened window –unthinkable for a major chain to agree to before the pandemic– Co-CEO...
- 1/20/2021
- by Anthony D'Alessandro
- Deadline Film + TV
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