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The Future of Entertainment - Golden Era of Streaming

August 06, 2022 | 8:30 AM ET | USA

The Future of Entertainment
As the world's economy began to shut down in March of 2020, industries across the globe closed their doors to help stop the spread of COVID-19. Entertainment and movie theaters worldwide all but shuttered. In an industry that was already experiencing some uncertainty with a changing landscape, the pandemic further exacerbated the situation. It forced companies to adapt at a rapid pace
Studios soon relied on the new wave of streaming services for their new releases to keep the audiences who they previously relied upon theaters to attract. Warner Bros. Discovery and HBO Max – both units of WarnerMedia – announced in late 2020 that all planned theatrical movies would also be released on streaming concurrently throughout 2021. Many competitors announced similar strategies around the same time.
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