The exec says the streamer is happy with its current model of making movies for its subscribers and that it doesn't intend to follow Amazon and Apple in embracing a traditional theatrical model.
to follow the lead of its rivals and embracing a traditional theatrical model as Amazon and Apple are doing.
“The film division is doing great,” Ted Sarandos said during an earnings call Tuesday. “Driving folks to a theater is just not our business. Having big new desirable content drives value for our members and drives value for our business. There are no major changes in play.” He also said that while it is tempting to make a comparison between services, those other rivals “simply” don’t have the same scale.
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