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Michael Eisner
Netflix's Aggressive Move Into Movies to Shake Up the Business

LOS ANGELES ( - In just 48 hours, Netflix sent the movie biz spinning -- and where it stops is anyone's guess. The streaming giant made it clear last week that after challenging the TV industry, it now has designs on the bigscreen. Netflix announced two groundbreaking pacts in short order: the first with Imax and the Weinstein Co. to fund and simultaneously release a sequel to martial arts classic "Crouching Tiger, Hidden Dragon" online and in select theaters in August 2015; followed by a four-picture deal with Adam Sandler. The surprise moves by the Los Gatos, Calif.-based company could have repercussions for cinema operators and traditional business...