It is implausible that Netflix, or piracy, brings people to theaters. If so, given that there is massively more piracy, and streaming, than there was 30 years a

It is implausible that Netflix, or piracy, brings people to theaters. If so, given that there is massively more piracy, and streaming, than there was 30 years ago, you’d expect an increase in theater attendance, not a massive decrease. Pretty clear that streaming and piracy are substitute goods for theater attendance. If theater attendance disappeared, it would help Netflix as those ex theater goers sought replacement content. Therefore, it makes little sense for Netflix to try and save theaters. Also, saving theaters send money to competitors like Disney who are going to be competitive in the streaming space in the future.