Intriguing writeup from Variety about Netflix's Chief Content Officer, Ted Sarandos, speaking at the Film Independent Forum in Los Angles:
“Theater owners stifle this kind of innovation at every turn,” he said. “The reason why we may enter this space and try to release some big movies ourselves this way, is because I’m concerned that as theater owners try to strangle innovation and distribution, not only are they going to kill theaters–they might kill movies.”
But he stopped short of criticizing the studios. “I don’t blame the studios for what they’re doing and I don’t fault them, because the studios are always trying to innovate,” he said.
While I don't necessarily disagree with him regarding the lack of innovation at movie theaters, it does seem a bit disingenuous to say your competitor isn't innovating but the movie studios, from whom he needs to license content, are the bell of the ball! But I guess that's business.