The Multiplex Association of India has raised concerns over Netflix’s $72-billion acquisition of Warner Bros Discovery, warning it could reduce high-quality theatrical content, limit consumer choice, and disrupt India’s broader film ecosystem, impacting cinemas, production, and distribution

New Delhi: The Multiplex Association of India (MAI) on Saturday raised its concerns over Netflix’s proposed acquisition of Warner Bros Discovery, saying that it poses a direct competition and economic threat to India’s theatrical and broader film economy.

The Acquisition of Warner Bros, one of the world’s leading studios, by a dominant streaming platform that has historically deprioritised theatrical releases, poses a direct economic threat to India’s broader film economy, MAI said in a statement.

O

See Full Page