Who's Killing Movies? Netflix's Ted Sarandos - Keynote Address - October 26th, 2013 Film Independent Forum
"[A]s theater owners try to strangle innovation and distribution. Not only are they going to kill theaters - they might kill movies." - Netflix chief content officer Ted Sarandos, October 26th, 2013 Keynote Speech at the Film Independent Forum
UPDATE: Nov. 6th, 2013 The president of the National Association of Theater Owners (NATO) did not respond favorably to Ted Sarandos's assertion that theater owners were behaving in ways that risked killing movies. In an interview with Deadline that was published on October 26th, 2013, John Fithian said that if anybody is imperiling movies it was the upstart online companies like Netflix that offered the studios the "lowest value in the chain:" "The only business that would be helped by day-and-day release to Netflix is Netflix. If Hollywood did what Sarandos suggests, there wouldn’t be many movies left for Netflix’s customers or for anyone else. It makes absolutely no business sense to accelerate the release of the lowest value in the chain... I can’t fault Ted for trying... But his ideas on movie release patterns are simply crazy, and they would destroy the movie industry."