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With ‘Knives Out’ Deal, Netflix Signals It’s in the Franchise Business

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“The pandemic has really put the streamers head to head with theatrical distribution,” said James Moore, chief executive of Vine Alternative Investments, an asset manager focused on the entertainment industry. “Now you’re seeing the economics really accelerate towards the streamers, and they have both the wherewithal and the strategic need to retain those gains.”Today in BusinessUpdated April 16, 2021, 1:30 p.m. ET“Knives Out,” with a cast led by Daniel Craig and Chris Evans, earned $311 million at theaters, close to half of it in international markets — the biggest growth opportunity for streaming services. It was one of the few box …

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