Netflix has confirmed that Warner Bros. movies will continue to have full theatrical releases following its recent $82.7 billion acquisition of the studio. During a Friday morning conference call, Ted Sarandos, Netflix co-CEO, stated that the current release plans for Warner Bros. films will remain in place for now.
Sarandos emphasized that Netflix is not against theatrical releases, noting, “We’ve released about 30 films in theaters this year.” However, he expressed concerns about the traditional long periods of exclusivity before films become available on streaming platforms. “My pushback has been mostly in the fact that the long exclusive windows, which we don’t really think are that consumer-friendly,” Sarandos explained.
He added that all Warner Bros. movies currently scheduled for theaters will proceed as planned. Still, Sarandos suggested that the industry’s approach to release windows may change over time. “Over time, I think the windows will evolve to be much more consumer-friendly, to be able to meet the audience where they are quicker,” he said.
While the company does not plan immediate changes to the release strategy for either Netflix or Warner Bros. films, Sarandos’s comments indicate that shorter windows between theatrical and streaming releases could become more common in the future. For now, Netflix will continue to support Warner Bros.’ existing theatrical model as the merger process continues.
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