Netflix and Warner Bros. are going to become one and while you might be thinking “Oh good, one less streaming service,” this doesn’t bode well for movie theaters.
Co-CEO of Netflix, Ted Sarandos, has always pushed back at the “theatrical experience” and now he has shared his opinions on it all and how “outdated” it is to keep movies from streaming platforms. Sarandos, in a statement about the deal, said that “we’re in a person of transition” when it comes to the theatrical release.
