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Netflix's Sarandos Declares Theaters 'Outdated' at Time100

5/2/2025

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Summary

Story summary

At the Time100 Summit, Netflix co-CEO Ted Sarandos ignited a debate by calling the traditional movie theater model "outdated." Filmmaker Rian Johnson countered, emphasizing the importance of theatrical releases. As Netflix champions streaming, recent hits like "A Minecraft Movie" underscore the clash between cinema and streaming, revealing a dynamic shift in audience preferences.

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Story summary

At the Time100 Summit, Netflix co-CEO Ted Sarandos ignited a debate by calling the traditional movie theater model "outdated." Filmmaker Rian Johnson countered, emphasizing the importance of theatrical releases. As Netflix champions streaming, recent hits like "A Minecraft Movie" underscore the clash between cinema and streaming, revealing a dynamic shift in audience preferences.