Former Disney boss admits streaming is a ‘severe injury’ to theaters

We’re fast approaching two years since the pandemic came along and brought the theatrical industry to its knees, but barring a few notable exceptions, we’re still waiting on a sustained recovery that can bring business back to the levels we’d grown accustomed to.

Of course, plenty of titles have made a killing at the box office, but almost every single one of them is a big budget, effects-driven blockbuster that’s either part of an established franchise, or designed with the intention of launching a new one.

from Movies – We Got This Covered https://bit.ly/3AIa7An