Netflix CEO Claims Streaming Is Saving Hollywood: Is the Movie Theater Outdated?

In this video, I dive into an article from Bounding Into Comics about Netflix CEO Ted Sarandos' claim that the movie theater system is outdated and that streaming services like Netflix are saving Hollywood. I share my thoughts on whether streaming is truly revolutionizing the industry and explore how movie theaters could thrive by partnering with independent studios and focusing on audience-driven content. From declining global box office numbers to the direct-to-consumer model of streaming, I break down the key points and discuss whether Hollywood's struggles stem from the medium or the content itself. Share your thoughts in the comments—do you agree with Sarandos, or is there still a place for the communal movie theater experience?

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https://boundingintocomics.com/movies/netflix-ceo-says-movie-theater-system-is-an-outdated-concept-believes-streamer-is-saving-hollywood/