Sarandos' Netflix Comments Spark Hollywood Debate
Sarandos' Netflix Comments Spark Hollywood Debate

Sarandos' Netflix Comments Spark Hollywood Debate

News summary

Netflix co-CEO Ted Sarandos has reignited the debate over streaming's impact on Hollywood by claiming at the TIME100 Summit that Netflix is 'saving Hollywood.' Sarandos argued that shrinking theatrical windows and declining box office returns signal a clear consumer preference for home viewing, making traditional cinema-going 'outmoded for most people.' He emphasized Netflix’s consumer-focused model and called for the industry to adapt to changing demands. While personally fond of theaters, Sarandos insisted most viewers prioritize convenience, especially outside major cities. His comments have sparked both support and backlash online, reflecting deep divisions over streaming’s role in the film industry. Sarandos also noted that entertainment faces unusual regulatory challenges in international trade.

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4 days ago
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