Netflix CEOs defended the acquisition of Warner Bros. and reiterated that they will ensure that Warner Bros. movies continue to appear in theaters: “We think this is a win for the entertainment industry, not an end. The deal was for growth: Warner Bros. brought business and capabilities we didn't have, so there would be no overlapping business or studio closure. We're strengthening one of Hollywood's most iconic studios, supporting employment, and securing a healthy future for film and TV production. We didn't prioritize theatrical distribution in the past because that wasn't Netflix's main business. However, once the deal is completed, we will officially enter the field of theatrical distribution.”

Netflix CEOs defended the acquisition of Warner Bros. and reiterated that they will ensure that Warner Bros. movies continue to appear in theaters: “We think this is a win for the entertainment industry, not an end. The deal was for growth: Warner Bros. brought business and capabilities we didn't have, so there would be no overlapping business or studio closure. We're strengthening one of Hollywood's most iconic studios, supporting employment, and securing a healthy future for film and TV production. We didn't prioritize theatrical distribution in the past because that wasn't Netflix's main business. However, once the deal is completed, we will officially enter the field of theatrical distribution.”