Discovery Enters Streaming Wars

The video discusses the significant impact of streaming services on the traditional cinema industry, highlighting a drastic decline in box office sales and the challenges faced by major theater chains like AMC. It explores the rise of streaming platforms such as Netflix, Disney Plus, and HBO Max, which have gained millions of subscribers, especially during the pandemic. The shift from linear TV to streaming is examined, with predictions about the future of television and the continued growth of streaming services.

What was the percentage drop in movie theater ticket sales last year according to comScore?

• 80%

• 60%

• 50%

• 70%

What major decision did Warner Brothers make regarding their 2021 film releases?

• They sold films to Netflix.

• They released films on HBO Max and theaters simultaneously.

• They released films only in theaters.

• They delayed all releases to 2022.

What financial measure is AMC considering to avoid bankruptcy?

• Seeking a $550 million lifeline

• Raising ticket prices

• Merging with another company

• Closing down theaters

How many streaming services does the average US household subscribe to?

• Three

• Four

• Two

• One

Which streaming service gained popularity with 'The Mandalorian'?

• Netflix

• Comcast Peacock

• Disney Plus

• HBO Max