Netflix CEO Ted Sarandos Says Movie Theater Model Is ‘Outdated’: ‘Most of the Country’ Cannot ‘Walk to a Multiplex’

Ted Sarandos’ latest interview started with a softball question: “Have you destroyed Hollywood?” “No, we’re saving Hollywood,” the Netflix co-CEO replied with a smile. On Wednesday in New York, Sarandos engaged in a brief discussion with Time magazine editor-in-chief Sam Jacobs at the Time100 Summit. The two jumped right into the problems plaguing Hollywood and […]