Ted Sarando, CEO of Netflix, said the platform is “saving Hollywood”

Ted Sarando, CEO of Netflix, said the platform is “saving Hollywood”

The executive also talked about the cinematographic experience and why most people prefer to watch movies at home.

The CEO of Netflix, Ted Sarandos, aroused controversy in the opinion that the cinematographic experience is “an outdated idea for most people”, and that the services of streaming They are “saving Hollywood.”

In the midst of reducing the windows of film rooms, the fall in box office income and the flight of the production of Los Angeles, Sarandos was asked if Netflix has destroyed Hollywood, the company’s executive co -director replied: “No, we are saving Hollywood”.

Saraonds made these statements at the Time100 summit. He continued describing Netflix as “a consumer -centered company. We offer you the programming of the way you want to see it.”

About spectators and film experience

Referring to the fall of the box office, he asked rhetorically: “What does the consumer mean?” Then he answered his own question: “They would like to watch movies at home.”

On the community aspect of going to the cinema, Netflix chief admitted that he loved cinemas, but said about the experience: “I think it’s an outdated idea, for most people, not for everyone.”.

Saraondos also approached the comments that made that day earlier at the Semafor World Economics Summit about the obstacles that entertainment companies often face, even without the RPresident Trump’s tariff egimmersthat go beyond those facing other industries, including quotas and co -production requirements in China.

“What I said is that often the entertainment industry is not treated as a real business, and that is an example of it.”

Source: Ambito

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