Warner Bros.’ studios are world-class, with Warner Bros. recognized as a leading supplier of television titles and filmed entertainment. HBO and HBO Max also provide a compelling, complementary offering for consumers. Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.

If the deal goes through, an algorithm-powered streaming titan would gobble up a 102-year-old movie studio synonymous with the romance of old Hollywood.

Netflix CEO Ted Sarandos promised that Warner Bros. movies will get a theatrical release, but 'windows will evolve.'

Ted Sarandos says Netflix is committed To Warner Bros. theatrical releasing. Trade group Cinema United called the deal a unprecendented threat to moviegoing.

As Netflix makes a run at Warner Bros Discovery that would test its commitment to theatrical, the streamer has had an erratic week in cinemas between Rian Johnson’s Wake Up Dead Man: A Knives Out Mystery with $4 million+ over the five-day Thanksgiving frame (despite the best franchise audience score at 94%),

Attorneys for the David Ellison-run studio say rival bidders "face grave uncertainty and significant opposition" from regulatory oversight in the U.S. and abroad.