Netflix CEOs defend buying Warner Bros. and double down on keeping WB movies in theaters:
"We see this as a win for the entertainment industry, not the end of it. This deal is about growth: Warner Bros. brings businesses and capabilities we don’t have, so there’s no overlap or studio closures. We’re strengthening one of Hollywood’s most iconic studios, supporting jobs, and ensuring a healthy future for film and TV production,” CEOs Ted Sarandos and Greg Peters wrote in a memo to employees.
“Theatrical is an important part of [the Warner Bros.] business and legacy, and we don’t want to change what makes Warner Bros. so valuable. If this deal had happened two years ago, hits like ‘Minecraft’ and ‘Superman’ would still have premiered on the big screen as they did — and that’s how we plan to keep it, We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
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The city needs a hero… hopefully they find someone. “Spider-Noir” – a new live action series starring Nicolas Cage – arrives 2026 in both black & white and color.
The city needs a hero…hopefully they find someone. “Spider-Noir” – a new live action series starring Nicolas Cage – arrives 2026 in both black & white and color.