The Multiplex Association of India (MAI), representing multiplex operators across the country, expressed deep concern over the proposed acquisition of Warner Bros Discovery by streaming platform Netflix and said it warrants “careful scrutiny”. It noted that this will pose a direct competition and economic threat to India’s theaterical and broader film economy. From the Indian entertainment landscape perspective, analysts beleive this will enhance Netflix’s positioning and market share within the overall India OTT market.

On Friday, Netflix said it has inked a definitive agreement to acquire Warner Bros Discovery (WBD) , which includes its film & TV studios and streaming business (HBO/HBO Max).

The industry body added that India’s cinemas depend on a steady and diverse flow of “compel

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