Netflix co-ceo Ted Sarandos made a surprise appearance at Canal+’s The Original+ showcase in Paris on Tuesday, seeking to calm French industry fears about the streaming giant’s $83 billion acquisition of Warner Bros. by pledging to maintain the studio’s traditional theatrical distribution model.
Speaking with Maxime Saada, chair and CEO of Canal+, Sarandos sought to reassure the French market about Netflix’s intentions following the bombshell deal that sent shockwaves through the exhibition sector.
“Our intentions when we buy Warner Brothers will be to continue to release Warner Brothers studio movies in theaters with the traditional windows,” Sarandos said during the conversation.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.imdb.com ’
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