To save itself, Netflix might have to play nice with an industry it battled for years
CNN
Netflix is still reeling from its stock plunge last month after losing subscribers for the first time in more than a decade.
To turn the narrative back in its favor, analysts have suggested adding ads and clamping down on password sharing. But one way Netflix can help itself is by allying with an industry that it once was at odds with: movie theaters.
Even though Netflix has released many films in theaters — and has even bought a few theaters to boot — most of its theater releases have been purposefully limited. With the streamer licking its wounds and theaters slowly bouncing back from the pandemic, now could be time for both sides to finally come together.
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