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Netflix Pledges Theatrical Releases for Warner Bros. Films if Acquisition Closes

The pledge seeks to reassure France’s market ahead of antitrust reviews of Netflix’s $83 billion bid.

Overview

  • Ted Sarandos made the commitment in Paris at a Canal+ showcase, saying Warner Bros. titles would keep traditional cinema windows and then flow through Canal+’s output deal.
  • Sarandos said Netflix avoided traditional theatrical releases in the past because it lacked a distribution mechanism and monetized films via subscriptions.
  • He emphasized that Warner Bros. would operate independently under Netflix ownership, with a continued focus on releasing movies in theaters.
  • The proposed acquisition faces regulatory reviews in the U.S. and Europe, and France’s 15‑month streaming window adds local complexity for distribution.
  • French exhibitors have urged close antitrust scrutiny, and Deadline reported that Warner is expected to rebuff a hostile takeover bid from Paramount.