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flag The potential sale of Warner Bros. Discovery alarms theaters fearing fewer releases and more streaming, threatening their survival.

flag The potential sale of Warner Bros. flag Discovery has alarmed movie theaters, which fear reduced theatrical releases and increased streaming dominance. flag Despite Warner’s strong 2025 box office performance, with $1.85 billion domestically, theater owners worry that a merger—especially with Netflix or Paramount—could shift focus from cinemas to streaming, echoing past consolidations like Disney’s acquisition of 20th Century Fox that slashed theatrical output. flag Concerns are growing over market concentration, antitrust risks, and the long-term survival of theaters, prompting industry groups to push for coordinated action to protect theatrical exhibition.

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