Fewer Movies and Lack of Meaningful Commitment to Theatrical Exhibition will Hurt Consumers, Theatre Owners, and the Entertainment Industry around the Globe

WASHINGTON, D.C. – Dec. 5, 2025 – Cinema United, the world’s largest exhibition trade association which represents over 30,000 movie screens in all 50 states, with an additional 26,000 screens internationally, announced today their opposition to the proposed acquisition of Warner Bros. Discovery by Netflix.

“The proposed acquisition of Warner Bros. by Netflix poses an unprecedented threat to the global exhibition business. The negative impact of this acquisition will impact theatres from the biggest circuits to one-screen independents in small towns in the United States and around the world,” said Cinema United President and CEO Michael O’Leary. “Cinema United stands ready to support industry changes that lead to increased movie production and give consumers more opportunities to enjoy a day at the local theatre. But Netflix’s stated business model does not support theatrical exhibition. In fact, it is the opposite. Regulators must look closely at the specifics of this proposed transaction and understand the negative impact it will have on consumers, exhibition and the entertainment industry.”

This mega-deal between Netflix and Warner Bros. would risk removing 25% of the annual domestic box office if films that are traditionally given a robust theatrical release by Warner Bros. disappear from theatres. Netflix currently grants only a handful of their films a token theatrical release and the overwhelming majority of Netflix titles go straight to their platform.

“Netflix success is television, not movies on the big screen. A true commitment to theatrical means a robust slate of movies with a meaningful period of theatrical exclusivity supported by marketing. Sporadic and truncated theatrical releases to meet awards criteria in a handful of theatres is not a commitment to exhibition.” O’Leary added. “Movie theatres are cultural and economic anchors of communities of all sizes – we are a Main Street industry. Research shows that for each dollar spent in a local movie theatre, an additional $1.50 is spent in surrounding businesses in the community—restaurants, bars, shopping centers, transportation. That is what is at risk here if we sanction fewer movies in the marketplace. Theatres will close, communities will suffer, jobs will be lost.”

ABOUT CINEMA UNITED

Founded in 1948, Cinema United is the largest exhibition trade organization in the world, representing more than 31,000 movie screens in all 50 U.S. states and Canada, with an additional more than 30,000 screens in 80 countries. Its membership includes theatres of all sizes, from the largest cinema chains to one-screen theatres in cities and towns around the world. For additional information, please visit cinemaunited.org.

Multi-year agreement keeps Michael O’Leary at Cinema United through 2030

WASHINGTON, D.C. AND LOS ANGELES – October 14, 2025 – Cinema United, the world’s largest exhibition trade association, announced today that it has extended the contract of CEO and President Michael O’Leary for an additional five years. O’Leary, who joined the organization in 2023, will continue to lead Cinema United under an agreement that was approved unanimously by the Cinema United Executive Board at their meeting in Los Angeles last week.

“Michael has proven to be a tireless and passionate advocate for the exhibition industry,” said Mike Bowers, Cinema United Board Chair and CEO of Harkins Theatres. “Leveraging his broad experience in the motion picture industry as well as on Capitol Hill, Michael’s focus on unity, strategy and continuous improvement has earned the confidence and respect of members of all sizes, as well as our studio partners. ​The next five years present unique and exciting opportunities for our industry. We are thrilled to have the long-term stability and steady hand of Michael and the talented Cinema United team representing us during this time.”

Since joining the organization in May 2023, O’Leary has focused on promoting and amplifying the positive economic and cultural impact of movie theatres in cities and towns around the world. Cinema United recently released its report highlighting that the domestic industry alone spent over $1.5 billion on theatre re-investment in just the past twelve months. Exhibition’s commitment to creating the Next Great Era of Cinema will be on display next spring at their annual global convention CinemaCon where “Innovation and Experiences” will be the primary theme.  Also this year, O’Leary, who believes that the strength of theatrical exhibition is its people, oversaw the successful adoption of the Cinema United brand in support of his effort to unify and strengthen an industry that spans the globe and comprises businesses from single-screen theatres to the world’s largest international theatre circuits.

“Representing the great people who own and operate theatres across the United States and around the world has been one of the great honors of my professional career, and I am energized by the opportunities that lie ahead for this iconic industry,” said O’Leary. “I want to thank Chairman Mike Bowers, outgoing Chair Bob Bagby and the entire Cinema United Executive Board for this opportunity. I also want to thank my dedicated colleagues at Cinema United. Our success is a direct result of their hard work and creativity, and I am excited to continue our work supporting and advocating on behalf of this industry.”

ABOUT CINEMA UNITED

Founded in 1948, Cinema United is the largest exhibition trade organization in the world, representing more than 33,000 movie screens in all 50 U.S. states and Canada, with an additional more than 30,000 screens in 81 countries internationally. Its membership includes theatres of all sizes, from the largest cinema chains to one-screen theatres in cities and towns around the world. For additional information, please visit cinemaunited.org.