Netflix vs Hollywood

Netflix is gaining traction in the movie industry - however, it's going to be a bumpy ride.

U.S. theater chain Regal Entertainment Group says it will not show the sequel to "Crouching Tiger, Hidden Dragon" on any of its IMAX screens, objecting to a move by IMAX - a big-screen theater technology company and Netflix to side step a normal theater release.

AMC Entertainment Holdings is also refusing to premiere the sequel, joining Regal and Cinemark theaters.

Reuters media and entertainment correspondent Lisa Richwine.

SOUNDBITE: Lisa Richwine, Reuters media and entertainment correspondent, saying (English):

"The theaters want you to come out to the theater, and the worry is nobody is going to come to a movie theater when you can sit at home, watch it on your TV at Netflix, which you only pay nine dollars a month for, most people in the U.S. do, so the theaters worry that nobody is going to come out and see it on the big screen. Netflix says it's two different