Ted Sarandos Says He Wants Movies in Theaters, Actually
Briefly

Ted Sarandos Says He Wants Movies in Theaters, Actually
"We will run that business largely like it is today, with 45-day windows."
"I'm giving you a hard number. If we're going to be in the theatrical business, and we are, we're competitive people - we want to win. I want to win opening weekend. I want to win box office."
"You're not going to get in the car and go to the next town to go see a movie."
"hold a noose around the theatrical marketplace."
Ted Sarandos committed that Netflix would operate Warner Bros.' theatrical business largely as it is today, maintaining 45-day theatrical windows. Netflix is pursuing an $83 billion acquisition of Warner Bros. while the company is valued at more than $370 billion. The company's stock fell after winning the initial bidding, and critics warned Netflix could "hold a noose around the theatrical marketplace." Critics pointed to Netflix's history of short awards runs and event-focused releases as evidence of uncertain theatrical commitment. Sarandos emphasized a desire to win opening weekends and box office, while acknowledging limits to driving audiences between towns.
Read at Vulture
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