Which major Hollywood studio pioneered the 'day-and-date' release strategy in 2021, simultaneously releasing films in theaters and on their streaming platform?

The film and television industry has undergone massive transformation with the rise of streaming platforms. This has completely altered traditional consumer viewing patterns and forced studios to rethink their retail strategies and distribution models. How well do you understand the business strategies behind the content you love to watch? This trivia question focuses on a significant retail sales strategy that changed how movies reach consumers.

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Warner Bros. with HBO Max
Disney with Disney+
Universal with Peacock
Paramount with Paramount+