Netflix's Ted Sarandos Talks 45-Day Window For Movies, Donald Trump
Key Points:
- Ted Sarandos, co-CEO of Netflix, confirmed that following Netflix's acquisition of Warner Bros, the company will maintain a 45-day theatrical window, signaling a commitment to traditional theatrical distribution.
- Sarandos emphasized Netflix's intent to compete in the theatrical market, aiming to win opening weekends and box office revenue, reflecting a shift from his earlier stance that seemed less supportive of theatrical releases.
- The recent extension of Sony's Pay-1 deal with Netflix until 2032, valued at around $7 billion, highlights Netflix's recognition of the continued value and audience demand for theatrical movie releases.
- Sarandos acknowledged the profitability and health of the theatrical business for Warner Bros, attributing Netflix's previous limited involvement to the strength of its own streaming