Netflix breaks down how its approach to movie theaters will (and will not) change when it buys Warner Bros.

• Netflix will maintain its short theatrical movie runs despite acquiring the Warner Bros. studio. • Co-CEO Ted Sarandos confirmed Netflix's focus on streaming over long exclusive theater windows. • Warner Bros. will continue to put movies in theaters for longer runs, though.

Netflix is buying the iconic Warner Bros. movie studio as part of its mega-deal for Warner Bros. Discovery's streaming and studios business. Does that mean Netflix will start putting its movies in theaters for long, exclusive runs?

The answer is no, according to Netflix co-CEO Ted Sarandos.

Sarandos said Netflix plans to continue to put Warner Bros. movies in theaters if and when the deal closes. But he said Netflix, which won the streaming wars by delivering entertainment to people in their homes, will continu