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Movie theatres are never coming back: Netflix Co-CEO Ted Sarandos
short by Shalini ojha / on 02 Apr 2025,Wednesday
Ted Sarandos, Netflix's Co-CEO, said movie theatres are never coming back. "Sporting events, concerts, all those things that we couldn't do during COVID are all back and bigger than ever," he said, adding that box office revenue is 40-50% below pre-pandemic levels. It saw a further decline of 8% this year, he added. "The trend is not reversing," he said.
short by Shalini ojha / 07:50 pm on 02 Apr
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