Netflix to Make Movie Debut With ÷Crouching Tiger Sequel

The transcript discusses Netflix's strategic moves in the film industry, including its collaboration with Hollywood and the potential impact on traditional film distribution. It highlights industry resistance, particularly from major theaters, and Netflix's partnership with IMAX as a workaround. The potential for Netflix to win Academy Awards is considered, given its success in television. The discussion also covers Netflix's commitment to original programming and its future prospects.

What is one of the main reasons Netflix's strategy could change the film industry?

• It will stop producing original content.

• It aims to make films available to consumers sooner.

• It will only work with small independent studios.

• It plans to release films exclusively in theaters.

Why does Michael Pachter believe Hollywood might resist working with Netflix?

• Netflix has no interest in original programming.

• Hollywood prefers traditional film distribution methods.

• Hollywood is already fully partnered with other streaming services.

• Netflix is not financially stable.

What is a significant factor in Netflix's potential to win an Academy Award?

• Its focus on reality TV shows.

• Its success in television programming.

• Its partnership with IMAX.

• Its collaboration with major theater chains.

Why did Netflix choose to partner with IMAX instead of traditional theaters?

• IMAX offers a larger number of screens.

• Traditional theaters were resistant to Netflix's strategy.

• Netflix wanted to focus on 3D films.

• IMAX is cheaper than traditional theaters.

What is Netflix's goal for its original programming in terms of its total programming span?

• To maintain it at 20%

• To reduce it to 5%

• To increase it to 10%

• To eliminate it completely