US EditionNetflix CEO Promises to Commit to Releasing Warner Bros. Movies Theatrically After Studio Sale: "We Didn't Buy This Company to Destroy that Value"
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7 Articles
The news that Netflix has bought Warner has left viewers worried, as many get at the worst augurs for the death of cinema.This is because the great N has not been very supportive of releasing its original films in the theaters, doing so only when it interests winning prizes with them.And when it does so it is for a very limited time.However, Netflix's CEO has wanted to reassure the public and, despite his controversial previous statements about …
Netflix's Ted Sarandos of WBD: 'We Didn't Buy This Company to Destroy Its Value'
Following Netflix’s landmark agreement to acquire the studio and streaming assets of Warner Bros. Discovery, the streamer has no interest in dismantling the media giant’s legacy brands, including HBO and Warner Bros. Studios, into amorphous Netflix content engines, according to co-CEO Ted Sarandos. The executive, along with co-CEO Greg Peters, headlined the UBS Global Media … Continue reading "Netflix’s Ted Sarandos of WBD: ‘We Didn’t Buy This C…
Netflix "Deeply Committed" To WB Theatrical
The wheel just keeps turning on this story. Following this morning’s news that David Ellison’s Paramount Skydance was mounting a hostile takeover bid for Warner Bros. Discovery, Netflix has now responded. Speaking on Monday at the UBS Global Media and Communications conference, Netflix co-CEOs Ted Sarandos and Greg Peters say their takeover of Warner Bros. and HBO Max will “create and protect jobs in the entertainment industry”. Asked about the …
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