Overview
- In a New York Times interview, the Netflix co-CEO said Warner Bros. films would keep exclusive 45-day cinema runs under Netflix ownership.
- Sarandos called the studio’s theatrical operation a healthy, profitable business that produces billions in box-office revenue.
- He clarified prior remarks by saying theaters are “outmoded for some,” not a blanket judgment on moviegoing.
- He characterized the backlash over release-window rumors as driven more by emotion than facts.
- The acquisition is still reported rather than closed, with coverage valuing the prospective deal at about $82.7 billion and with cinema advocates warning that shorter windows could harm theaters.