Netflix CEO Dismisses Theaters as “Outmoded,” Sparks Hollywood Debate

Netflix chief Ted Sarandos reignited the streaming-versus-cinema clash by calling traditional theatrical moviegoing “an outmoded idea” for most viewers. Though Netflix occasionally grants limited theatrical releases for prestige films, Sarandos insists the global streaming audience far outweighs box-office returns. His bold statement rattles Hollywood studios and theater owners, who argue that box-office hits remain cultural events unmatched by at-home streaming.