At the Time100 Summit, Netflix co-CEO Ted Sarandos labeled movie theaters as an outdated concept, sparking debate in the film community. Director Rian Johnson, known for his work on Netflix's 'Knives Out,' countered Sarandos' remarks, asserting the importance of theaters and expressing his passion for cinematic experiences. He observed that audiences still flock to theaters for films they desire, citing recent box office triumphs. Johnson's perspective emphasizes the ongoing relevance of theatrical releases, contrasting the streaming-centric focus of Netflix with the enduring appeal of moviegoing.
I think theatrical is not going anywhere, pointing to the box office success of Ryan Coogler's 'Sinners' and 'A Minecraft Movie.'
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