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Warners buyout would reduce number, quality of films, cinema operators say at US hearing

( January 7, 2026, 17:50 GMT | Official Statement) -- MLex Summary: If Warner Bros. Discovery is acquired by either Netflix or Paramount Skydance, the deal "will result in fewer movies being made for theatres," and it will also reduce economic incentives that spur film studios to take creative risks, worsening Hollywood's already "outsized focus on high-budget franchises," a coalition of movie theater operators said during a US congressional hearing. See attached document. ...

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