Bonus: Netflix co-CEO Ted Sarandos Says Warner Deal to Put More Films in Cinemas
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Bonus: Netflix co-CEO Ted Sarandos Says Warner Deal to Put More Films in Cinemas
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Ted Sarandos, co-chief executive officer of Netflix, said his company’s acquisition of Warner Bros. Discovery will lead to more films in theaters, addressing a key complaint from Hollywood in the high-stakes battle for one of the industry’s iconic studios.
A merger of Netflix and Warner Bros. is “better for theaters” because Netflix will be able to take its films and put them in cinemas using the distribution network that Warner Bros. has built. He speaks about this and more in a special conversation with Bloomberg Tech co-host Ed Ludlow and Bloomberg News Managing Editor for Media & Entertainment Lucas Shaw.
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