Overview
- Ted Sarandos told the New York Times that Warner Bros. releases would retain a 45-day theatrical exclusivity and called it a “hard number.”
- He said due diligence revealed the studio’s box-office economics are healthier than Netflix previously assumed, reinforcing plans to keep a robust theatrical strategy.
- Exhibitor groups have pressed Congress to scrutinize the deal after reports suggested Netflix had considered a 17-day window, which theaters warned would be harmful.
- The proposed roughly $82.7–$83 billion purchase remains contested as Paramount Skydance pursues a hostile bid and prepares a proxy fight for WBD’s board.
- Bloomberg reported that Netflix is weighing changes to its offer, including an all-cash option, to accelerate a shareholder vote potentially to late February or March.