Netflix CEO says movie theaters are dead: ‘What is the consumer trying to tell you?’

Netflix CEO says movie theaters are dead: ‘What is the consumer trying to tell you?’

The NewsSorry, cinephiles: The post-Covid rebound of live events is all the more evidence that movie theaters are never coming back, Netflix co-CEO Ted Sarandos told me in an interview at the Paley Center for Media Friday. “Nearly every live thing has come back screaming,” Sarandos said. “Broadway’s breaking records right now, sporting events, concerts, all those things that we couldn’t do during COVID are all back and bigger than ever. The thea…

Netflix's Ted Sarandos Says Movie Theaters Are Dying

Netflix co-CEO Ted Sarandos says the theatrical business is a dying business model as consumers seek alternative distribution channels to get their movie entertainment. In an interview with Semafor Media while attending the Paley Center for Media in New York on March 28, Sarandos — a longtime critic of the theatrical window — said that … Continue reading "Netflix’s Ted Sarandos Says Movie Theaters Are Dying" The post Netflix’s Ted Sarandos Says …

In a recent interview, Netflix CEO Ted Sarandos shared his views on the current state of cinemas, and the least we can say is that he is not very optimistic.

According to Netflix's boss, Ted Sarandos, cinema is dead. This would show the development of the past few years after the Corona pandemic, in which all other cultural areas could well recover, only the cinemas would not come out of their crisis. (Continue reading)

Netflix CEO Says Movie Theaters Are Dead

An anonymous reader shares a report: The post-Covid rebound of live events is all the more evidence that movie theaters are never coming back, Netflix co-CEO Ted Sarandos told Semafor in an interview at the Paley Center for Media Friday. "Nearly every live thing has come back screaming," Sarandos ...