Netflix CEO Ted Sarandos has confirmed that the streaming giant would continue to release Warner Bros. films in theaters if its proposed acquisition of the storied studio goes through. Speaking in Paris, Sarandos addressed questions surrounding Netflix’s approach to theatrical distribution.

 

“We plan to operate Warner Bros. studios independently and release their films in the traditional cinema format,” Sarandos said during an event hosted by Canal+ at a theater in the French capital. He also acknowledged that his past comments on the decline of the cinema experience had “confused some people.”

 

In previous statements, Sarandos had suggested that streaming was overtaking the traditional theatrical model, but he now emphasized Netflix’s respect for Warner Bros.’ extensive legacy in film distribution.

The interview was conducted by Maxime Saada, the head of France’s Canal+ media group, as part of an event showcasing Canal+’s projects for 2026.

 

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Sarandos noted the difference in scale between the two companies, saying, “Netflix only began producing its own content about a decade ago, so our library extends back only that far. Warner Bros., on the other hand, has a century-long history. They have deep expertise in areas like theatrical distribution that we haven’t fully explored.”

 

Netflix’s $83 billion bid for Warner Bros. Discovery, announced in early December, is still subject to regulatory approval. Meanwhile, a rival offer from television and film group Paramount Skydance, valued at $108.4 billion, has emerged.

 

Should Netflix’s bid succeed, the company would gain control of HBO Max, one of the world’s largest streaming platforms, along with an extensive movie catalog that includes iconic franchises such as Harry Potter, Lord of the Rings, and DC Studios’ superhero properties.

 

Source: Punch