Key facts
- Netflix film boss stated the streamer will not work with directors who still want theatrical releases.
- Netflix has accepted this stance.
- Netflix is giving Greta Gerwig's "Narnia: The Magician's Nephew" a full theatrical release.
Netflix's film division has indicated a firm stance against collaborating with directors who prioritize theatrical releases. According to the head of Netflix's film division, the company has "accepted" that such directors will not work with them. This statement comes despite recent moves by Netflix to engage more with cinemas. For instance, the streamer is planning a full theatrical release for Greta Gerwig's upcoming film, "Narnia: The Magician's Nephew." This suggests a complex and evolving strategy for Netflix in its relationship with the traditional film exhibition model.