Source: Independent Institute
by Matthew B Crawford
“However, the ownership of Warner Bros. shakes out, it is worth thinking about the intuitions that caused people in the film and television business to freak out about the prospect of Netflix taking over a major studio. Last Thursday, a group of top film producers and other industry players sent a joint letter to congressional representatives, urging them to block the deal. It was published anonymously for fear of retaliation by Netflix and expressed skepticism that films produced under Netflix would continue to be released in theatres, despite Netflix’s assurances. The film industry group pointed out that Netflix’s incentives are such that they do not want people sitting in theatres, as this represents time not spent on the platform. The industry letter suggests the whole ecosystem of Hollywood would be put at risk with this deal, and the survival of an art form would be put in doubt.” (12/19/25)
https://www.independent.org/article/2025/12/19/netflixs-ownership-warner-bros-filmmaking-incentives/