Hundreds of Cinemas Rally Against Sean Parker’s Plans for $50 Home Movie Service

In an open letter to the Screening Room, the Art House Convergence — representing 600 cinema owners — said the proposed model is “incongruous with the movie exhibition sector by devaluing the in-theater experience and enabling increased piracy. Furthermore, we seriously question the economics of the proposed revenue-sharing model.”

Source: Hundreds of Cinemas Rally Against Sean Parker’s Plans for $50 Home Movie Service – Hollywood Reporter