Part 5/12:
Historically, streaming platforms like Netflix have been viewed skeptically in terms of theatrical potential. Netflix CEO Ted Sarandos, for instance, long doubted the brick-and-mortar theater's relevance for their original content. However, the blockbuster success of Netflix’s animated musical, K-pop Demon Hunters, illustrates a potential shift. The film accumulated over 236 million views on Netflix and achieved nearly $20 million during a brief theatrical run, surpassing many expectations.