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iW Daily Recaps | 4 Stories Not to Miss for Wednesday

iW Daily Recaps | 4 Stories Not to Miss for Wednesday

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Netflx CEO: “Traditional DVDs have probably peaked and will probably decline at the same rate as CDs did over the last ten years.”

Business is booming for Netflix and Reed Hastings, the company’s CEO, was happy to be the closing speaker at this year’s Wired Business Conference. During the talk, Reed made sure to announce that Netflix has no intentions of competing in an “Armageddon battle” with cable providers. That’s right, you can breathe easily now.

The Alamo Drafthouse and the Austin Film Society to remake “Slacker”?

The two Austin film hubs are celebrating the 20th anniversary of one of the city’s most beloved films, Richard Linklater’s “Slacker.” They are asking 23 local filmmakers to remake the film by reshooting scenes using the same dialogue and locations as the 1991 original. If you’re alarmed by this at least know that it could be worse: it’s better than having Gus Van Sant do a shot-by-shot remake starring Vince Vaughn.

The biography of Malick’s “Tree of Life”

Anyone familiar with Terrence Malick’s work knows that he doesn’t mind to keep you waiting. “The Tree of Life” is finally getting released this May after a long road to the big screen. Total Film has a quick breakdown of how the film took shape.

Movie memories

Ryan Gilbey writes a passionate editorial in defense of the movie-going experience, arguing that it doesn’t really need defending. “Let’s get something straight: nothing can compete with cinema, and nothing ever will. Audience numbers and box-office takings will always fluctuate. But suggesting that downloading can ever provide an alternative to cinema is like saying that fast-food chains will kill off restaurants. The experiences are not comparable,” writes Gilbey. Read the rest of his thoughts at The Guardian.

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