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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,155+1.6%12:55 PM EST

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To: TimF who wrote (1634)3/29/2018 9:37:07 AM
From: Glenn Petersen1 Recommendation   of 2280
 
Snobs.

The heart of the ban appears to be a fusion of protectionist concerns about how streaming could harm the traditional French film industry and brick-and-mortar theaters (aka: fear of competition). France has a cultural exception law that requires a percentage of all box office, TV and streaming revenues be used to finance homegrown and foreign films...In other words, this is really just the same old story about people making silly decisions because of fear of something new disrupting legacy business models that may not work as well in the modern era.

NETFLIX TO LAUNCH ROMANTIC COMEDY AS ITS NEXT FRENCH ORIGINAL SERIES

media.netflix.com

Following the production of other Netflix French originals, including The Eddy, Osmosis, Marseille seasons 1 and 2, Fary’s Special, Gad Elmaleh’s stand up comedies and next original series as well as upcoming ones, this new series will continue Netflix’s investment in French content.
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