Ted Sarandos Says Theatrical Experience Is “An Outmoded Idea For Most People;” Claims Netflix Is “Saving Hollywood” ...Middle East

Asked today if — amid shrinking theatrical windows, sagging box office receipts and production fleeing L.A. –Netflix has destroyed Hollywood, the company’s co-CEO Ted Sarandos replied, “No, we’re saving Hollywood.” Sarandos made the remarks at the TIME100 Summit. He went on to describe Netflix as “a very consumer-focused company. We deliver the program to you […]

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