Gelfond's comments appeared after Netflix recently announced that the first two immersive venues, dubbed "Netflix House," will open by 2025 at King of Prussia in Pennsylvania and Galleria Dallas, Texas.
The Walt Disney Company (NYSE: DIS) is officially back on track with its newest animation hit, Inside Out 2. For its debut weekend, Disney’s newest theatrical release sold almost $300 million in total ticket sales across the globe, easing concerns that its storytelling magic is gone.