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However, recent statements from Netflix executives, notably Ted Sarandos, suggest a firm commitment to maintaining Warner Brothers' theatrical operations. Sarandos emphasized that Netflix wants to keep Warner’s movie division intact, asserting a desire to continue releasing films in theaters “exactly the way they would have been without the acquisition.”
What Netflix’s Commitment Means for Hollywood
Sarandos and other executives have underscored that their goal is to preserve Warner Brothers’ existing business structures, including Warner TV production, HBO, and the movie division. They aim to operate these entities largely as they are currently, integrating them into Netflix’s framework but not dismantling their traditional release strategies.