Netflix film chief says they won't work with directors who want to release movies in theaters

When Netflix announced it intended to buy Warner Bros. Pictures, there was widespread concern that the streaming service giant would permanently alter the legendary studio.

While many Netflix executives, including CEO Ted Sarandos, claimed that they wouldn't make such changes, it seemed clear what their interest in Warner Bros. came to. Instead of building up the theatrical model, essentially developing and producing movies with the intent of showing them in theaters, Netflix wanted Warner...