Hastings: Theatrical Isn’t Netflix’s Core, Even as a Big Theatrical Push Looms

Reed Hastings said on a podcast that theatrical is not Netflix’s core business, aligning with a long-term, core-focused approach, even as Netflix gears up for a major theatrical push following its Warner Bros. deal; Ted Sarandos later signaled that, once the deal closes, Netflix will run a robust theatrical distribution engine with a 45-day window and a goal to win box office, highlighting a shift in stance from Hastings but a continued strategic pivot for the company.