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What Does Netflix's Planned Acquisition Of Warner Bros. Mean For Theaters And Titles Like HBO, CNN? [Forbes]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
theatrical release windows will “evolve to be much more consumer friendly” while criticizing lengthy theatrical runs. Sarandos suggested Friday on an investors call theatrical windows will “evolve” following Netflix's acquisition of Warner Bros., and though he did not say how long he expects movies to stay in theaters, he criticized “long exclusive windows” as not consumer friendly. Sarandos said movies planned to be distributed by Warner Bros., which has a slate of releases planned through 2029, will hit theaters as planned while some Netflix movies may continue to get short, limited theatrical runs. He dismissed claims he has an “opposition” to movie theaters—possibly referring to backlash he faced earlier this year for calling the theatrical release model “outdated”—and clarified his pushback was limited to lengthy theatrical runs. Sarandos said on the investors call HBO and its streaming service HBO Max—which are home to popular titles like “The White Lotus,” “Euphoria” an
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