Netflix co-CEO Ted Sarandos talked about Netflix release films and their business. He said, ‘Look, I just want to say again that we are in the subscription streaming business, and you can see the result. It is a very good business. Through this business, we attract a large group of customers and fans.
Cultural things can be included.
Ted Sarandos was asked if it was possible to understand and change the culture of the people before the theatrical release. Ted Sarandos answered this. He said, Thank you again for this question. He replied that I am sure that we can work on the emotions of the people through this. Also, things related to the current culture can also be included in it.
People do not have to wait.
He said, ‘Our top 10 films that premiere on Netflix and are the most watched films in the world have received more than 100 million views. We believe that through this, people do not have to wait for these films. People don’t have to wait for months; this increases our value. We bring filmmakers to this platform. Along with this, we also help them to make the best film’.
Releasing a film on OTT is beneficial.
Ted Sarandos said releasing a film on OTT is beneficial. He said, ‘It can be one of the nine best films or any of the top 10 films that are as big as billion-dollar box office films’.
Opposed to watching videos at home
Sarandos said during a conversation about watching movies at home through OTT in the current era, “Remember how everyone opposed watching videos at home. For many decades, studios did not allow films to be shown on TV. Every time there has been progress in entertainment, there has been a struggle for it, and this has ultimately led to an increase in business.”.