Netflix promises theatrical commitment amid Warner Bros. acquisition bid
The high-stakes tug-of-war over Warner Bros. Discovery (WBD) remains the focal point of Hollywood, as Paramount Skydance continues to challenge Netflix’s massive acquisition proposal. In an effort to mitigate industry-wide anxiety regarding the potential merger, Netflix co-CEO Ted Sarandos has begun a charm offensive aimed at reassuring theatre owners and traditionalists about the streaming giant’s…