Netflix executives are promising to continue releasing movies in theaters as the company pursues a major acquisition of Warner Bros. Discovery assets, according to a regulatory filing.
Co-CEOs Greg Peters and Ted Sarandos said Netflix plans to expand into theatrical releases as part of its proposed $83 billion deal for Warner’s film and television business.
They said the move would strengthen a historic Hollywood studio and support jobs across the industry.
Netflix CEOs defend buying Warner Bros. and double down on keeping WB movies in theaters:
— Variety (@Variety) December 15, 2025
"We see this as a win for the entertainment industry, not the end of it. This deal is about growth: Warner Bros. brings businesses and capabilities we don’t have, so there’s no overlap or… pic.twitter.com/vfeYzSND0T
The company expressed confidence that regulators would approve the deal, even as scrutiny grows in Washington and overseas. Sen. Elizabeth Warren has warned the acquisition could create excessive market power in streaming.
Netflix also faces competition from Paramount Skydance, which has launched a larger bid that includes Warner’s cable networks.
Analysts say regulators will closely examine market share and control over content production. Netflix declined further comment. The review process is expected to be lengthy.
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TIPP Staff
