Netflix says it will 'reinvigorate' the movie business, but theaters may not play a part in its plan
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Jul 17, 2017, 5:29 pm113 pts
Business Insider
Netflix wants to reinvent movies in the same way it did TV, according to its Q2 earnings letter posted Monday. In the letter, Netflix focused on the importance of shaking up the movie business, which has seen dwindling numbers of people going to theaters. "Just as we changed and reinvented the TV business by…
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