Warner Bros.’ studios are world-class, with Warner Bros. recognized as a leading supplier of television titles and filmed entertainment. HBO and HBO Max also provide a compelling, complementary offering for consumers. Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.

Ted Sarandos insisted that Netflix has no “opposition to movies in theaters” as the streamer said it “expects” to release Warner Bros. films theatrically if it completes its $82.7 billion deal for the studio and HBO Max.

Ted Sarandos says Netflix is committed To Warner Bros. theatrical releasing. Trade group Cinema United called the deal a unprecendented threat to moviegoing.

As Netflix makes a run at Warner Bros Discovery that would test its commitment to theatrical, the streamer has had an erratic week in cinemas between Rian Johnson’s Wake Up Dead Man: A Knives Out Mystery with $4 million+ over the five-day Thanksgiving frame (despite the best franchise audience score at 94%),

Attorneys for the David Ellison-run studio say rival bidders "face grave uncertainty and significant opposition" from regulatory oversight in the U.S. and abroad.

Netflix has executed a staggering move in Hollywood, spending £72 billion ($82.7 billion) to acquire Warner Bros, HBO, and HBO Max. While the deal immediately strengthens its streaming empire, the underlying strategy is even bolder: Netflix is betting on artificial intelligence to reshape filmmaking and control the world's most iconic