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IMAX CEO on Paramount Skydance vs. Netflix battle for WBD: Whoever wins will be good for us
Youtube· 2025-12-08 16:53
Joining us here at Post 9 is IMAX CEO Richard Gelfon to weigh in. Do you worry that it would be the death of the movie business. >> Oh, it's so early to answer that question, Sarah.I mean, but I've been around long enough in this business to know that. Not that I've been around for all of this, but they've said that for a hundred years, TV was going to be the end of the movie business. Streaming was going to be the end of movie business. And you all and I lived through the pandemic, which was going to be th ...
‘Stranger Things' creators may be leaving Netflix
TechCrunch· 2025-08-17 20:07
Core Insights - The Duffer Brothers, creators of "Stranger Things," are reportedly moving to Paramount after negotiations, which indicates a significant shift in talent from Netflix to a competitor [1][3] Group 1: Duffer Brothers' Transition - The Duffer Brothers are in talks to sign an exclusive deal with Paramount, marking a potential loss for Netflix [1] - Their decision to leave Netflix is influenced by their ambition to create big-budget films, an area where Netflix has faced challenges due to its relationship with the theatrical business [3][4] - The "theatrical component" was a crucial factor in their negotiations, suggesting that they prioritize traditional film release strategies [4] Group 2: Impact on Netflix - Netflix will still release the final season of "Stranger Things" in three parts later this year, indicating that the immediate impact of the Duffers' departure may be limited [5] - The Duffer Brothers have two new shows scheduled for release in 2026, which will continue to contribute to Netflix's content lineup [5] - The "Stranger Things" franchise is expanding with a Broadway prequel, an animated series, and a live-action spinoff in development, suggesting that the brand will remain strong despite the Duffers' exit [5]