Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer’s recent deal with major cinema chains for Glass Onion: A Knives Out Mystery could be the start of something bigger. “We are in the business of entertaining our members with Netflix movies on Netflix, so that’s where we focus all our energy and most of our spend,” he said during a video Q&A after third-quarter earnings.
AMC, Regal and Cinemark will show the Rian Johnson-directed Knives Out sequel in 600 theaters for a week-long release over Thanksgiving weekend.
Theater owners called the announcement earlier this month a breakthrough for them, and for Netflix to take its films to the screen first.
Sarandos put things straight. “There are all kinds of debates all the time, back and forth. But there is no question internally that we make our movies for our members, and we really want them to watch them on Netflix.
Read more on deadline.com
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