I agree with this assessment. I believe home streaming new releases will compete with theaters, but I don't think it will completely replace them. Anecdotally,

I agree with this assessment. I believe home streaming new releases will compete with theaters, but I don't think it will completely replace them. Anecdotally, my wife and her friends all love going to the theater to see movies and I expect they will resume doing so post-pandemic. I am a homebody, but my wife is not; so given the option she would prefer to get out of our house and go to the theater. What I'm curious about is how this will impact distribution arrangements once theaters do re-open. I could see it going one of two ways: 1. If studios start streaming new releases, they can't offer theaters the same kind of exclusive distribution that they could in the past, allowing theaters to demand more favorable terms 2. Since studios now have alternative distribution channels, they don't necessarily need theaters to distribute their new releases, so studios can demand more favorable terms.