What Does Netflix's Planned Acquisition Of Warner Bros. Mean For Theaters And Titles Like HBO, CNN?

Netflix’s $82.7 billion deal to buy major Hollywood studio Warner Bros. rocked the industry Friday morning, as Netflix co-CEO Ted Sarandos said theatrical release windows will “evolve to be much more consumer friendly” while criticizing lengthy theatrical runs.Sarandos suggested Friday on an investors call theatrical windows will “evolve” following Netflix’s acquisition of Warner Bros., and though he did not say how long he expects movies to stay in theaters, he criticized “long exclusive windows” as not co ...