Netflix has told management of Warner Bros. Discovery Inc. that it will keep releasing the studio’s films in theaters if it’s successful in buying the company, people familiar with the matter said. Warner Bros. has contractual agreements to release movies in theaters, which Netflix would honor, according to the people, who asked not to be identified revealing details of talks between the companies. Warner Bros. currently has many commitments to release its movies in theaters.
And, Netflix reportedly assured the production company that it will follow through with these agreements. This move would be a huge change for the streaming platform, which has traditionally avoided theatrical rollouts with its own projects.