"What would bother me is if people stopped making great movies," the streamer's co-CEO admits of the movie-going experience.

At the TIME100 Summit, Ted Sarandos was asked “Have you destroyed Hollywood?” And his response has left everyone shocked.

Ted Sarandos, co-CEO of Netflix, said the entertainment industry “certainly gets overlooked” in U.S. trade deals. From 2020-24, Netflix contributed $125 billion to the U.S. economy, creating 140,000 production jobs across 500 productions in all 50 states,