Rich [Analyst Name]'s questions to Netflix Inc (NFLX) leadership • Q3 2024
Question
Rich [Analyst Name] questioned Netflix's strategy of premiering major films directly on the service rather than pursuing traditional theatrical releases.
Answer
Theodore Sarandos (Co-CEO) reiterated that the direct-to-Netflix model adds value for subscribers and provides filmmakers with the largest possible global audience. He expressed confidence that this model can create cultural 'zeitgeist' moments as effectively as theatrical releases.