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Ted Sarandos Says Netflix Committed To Warner Bros. Theatrical Releasing As Cinema Trade Group Calls Merger “Unprecedented Threat”

Superman Jessica Miglio / Warner Bros. Courtesy Everett Collection “We’ve released about 30 films into theaters this year, so it’s not like we have this opposition to movies in theaters,” said Netflix co-CEO Ted Sarandos on a call with Wall Street fresh off clinching a mega deal to acquire Warner Bros. “My pushback has been mostly in the fact of the long, exclusive windows, which we don’t really think are that consumer friendly,” he said.

Superman

Superman

Credit: Deadline

Key Highlights

  • AMC and other chains are looking to reestablish a 30 or 45-day window to energize moviegoing that dwindled during Covid.
  • The biggest chains often won’t run Netflix films with truncated windows.
  • Related Stories News Netflix & Warner Bros.
  • Discovery Confirm $82.7B Mega-Deal That Reshapes The Industry News International Industry React To Netflix-WB Bombshell With Indies Lamenting “Death Of Hollywood”, But Studio Vets More Upbeat The entertainment community and movie theaters in particular have been immensely jittery at this corporate combination given the streamer’s short windows if any as they cater to their streaming audience.
  • Exhibition’s biggest trade group, Cinema United, came out with a blunt statement this morning opposing the merger, saying.
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Sources

  1. Ted Sarandos Says Netflix Committed To Warner Bros. Theatrical Releasing As Cinema Trade Group Calls Merger “Unprecedented Threat”

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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