Flixster CEO Joe Greenstein Plays Down Warner Purchase; Studio Sources Confirm Talks

Joe Greenstein coyly addresses questions about the possible sale of his company to major studio at CinemaCon panel

(Updated: 1:13 p.m. PST) At a Wednesday CinemaCon panel, Flixster co-founder and CEO Joe Greenstein floundered to get on message about reports that Warner Bros. is poised to purchase his company. 

Meanwhile an executive close to the deal told TheWrap that negotaitions are ongoing between Warner's and Flixster but a deal is still not close.

Greenstein hinted to moderator Peter Cane, publisher Box Office Magazine, that there would be “More coming soon.”

(Greenstein, however, told TheWrap that he was specifically and only responding to a question about Flixster doing more to bring full-length movies on Connected TVs, not to any potential Warner deal).

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