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Hollywood CEOs, especially these days, are not exactly known for being in touch with the reasons people love their products. Even by that low standard, though, Netflix CEO Ted Sarandos’s recent comments about the theatrical experience were still pretty rough.
During a brief discussion at the Time100 Summit, Sarandos said that Netflix was “saving Hollywood.”
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“Netflix is a very consumer-focused company,” he continued. “We really do care that we deliver the program to you in a way you want to watch it.”
He then cited global box office returns as one example of how Netflix is giving people what they want. “What does that say?” he said. “What is the consumer trying to tell us? That they’d like to watch movies at home, thank you. The studios and the theaters are duking it out over trying to preserve
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