Will Netflix continue traditional movie releases for Warner Bros. films?

Yes, Netflix co-CEO Ted Sarandos has pledged to maintain traditional theatrical windows for Warner Bros. studio movies following the acquisition.

Why is Netflix acquiring Warner Bros. studios?

Netflix aims to expand its library and production capabilities, leveraging Warner Bros.' extensive history and expertise in areas like theatrical distribution.

Are French exhibitors worried about the Netflix-Warner Bros. deal?

Yes, French exhibitors have expressed alarm and called for antitrust regulators to scrutinize the acquisition due to potential impacts on the theatrical ecosystem.

Home / Business and Economy / Netflix Eyes Warner Bros. Empire, Pledges Cinema Support

Netflix Eyes Warner Bros. Empire, Pledges Cinema Support

16 Dec

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Summary

Netflix pledged to continue traditional theatrical releases for Warner Bros. movies.
Ted Sarandos highlighted Netflix's new role as a distributor, not just a streamer.
French exhibitors remain wary, calling for antitrust scrutiny of the acquisition.

Netflix Eyes Warner Bros. Empire, Pledges Cinema Support

Netflix co-CEO Ted Sarandos made a significant pledge to France, stating the company intends to maintain traditional theatrical distribution windows for Warner Bros. films post-acquisition. This commitment aims to alleviate fears within the French film industry regarding the $83 billion deal, assuring that existing studio operations will be preserved and that films will still reach cinemas before streaming.

Sarandos explained this strategic shift stems from Netflix now owning the distribution mechanism, contrasting with its past focus on rapid subscriber growth. He emphasized that the acquisition is designed to enhance Netflix's library and production capabilities, leveraging Warner Bros.' century-long expertise in areas like theatrical distribution, which Netflix has not historically engaged in.