Why Barry Diller Thinks 10 Percent of Theaters Will Remain In the Next Few Years
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT "What we think of as a movie is evolving and no longer means what it did just a couple of years ago, pre-pandemic," the former Paramount Pictures and 20th Century Fox chairman says. Barry Diller doesn’t think the movie business is “dead,” as a recent NPR story declared, but the traditional moviegoing experience will continue to transform, resulting in a loss of about 90 percent of theaters worldwide. “Because of streaming, because of the pandemic, because of the enormous production of long-form content … the word movies — what we think of as a…