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Netflix CEO Ted Sarandos Claims Streaming Is "Saving Hollywood," Replacing "Outmoted" Movie Theaters
The debate about whether streaming has helped or hindered the future of the movie business is furiously debated online. But, one person who has an ardent stance and answer on the matter is Netflix CEO, Ted Sarandos. In fact, Sarandos doesn't just think Netflix is helping to move the film industry along, he believes Netflix is single-handedly "saving Hollywood" while theaters and cinemas are a dying industry.
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