Some feel this is the end of Hollywood. Whatâs our response to that? This is something that weâve heard for a long timeâincluding when we started the streaming business. Our stance then and now is the sameâwe 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 donât have, so thereâs no overlap or studio closures. Weâre strengthening one of Hollywoodâs most iconic studios, supporting jobs, and ensuring a healthy future for film and TV production.
What about theatrical releases? Theatrical is an important part of [the Warner Bros.] business and legacy, and we donât want to change what makes Warner Bros. so valuable. If this deal had happened two years ago, hits like âMinecraftâ and âSupermanâ would still have premiered on the big screen as they didâand thatâs how we plan to keep it. We havenât prioritized theatrical in the past because that wasnât our business at Netflix. When this deal closes, we will be in that business.
What should our focus be moving forward? Weâve got a small but mighty team of experts working on this so the rest of us can stay focused on the big 2026 ambitions weâve established for our business. Weâve got huge potential still ahead of usâeven before we factor in Warner Bros.âso our focus should remain on realizing that potential based on our organic growth. We know thatâs easier said than done with all the headlines and speculation, but continuing to deliver for our members is the best thing we can focus on.
Final thoughts: We know this is a lot to take in, but we have every confidence in the future weâre building for Netflix. We see this as an exciting opportunity to grow and evolve, and weâre thrilled to have you all along for the ride. Thank you for your hard work and dedication, and we canât wait to see where this journey takes us. Onward and upward!
