Netflix’s Warner Bros bid will include theater releases, Bloomberg News reports

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(Reuters) -Netflix has informed Warner Bros. Discovery management that it would continue releasing the studio’s films in theaters if its acquisition of the company succeeds, Bloomberg News reported on Wednesday.

Warner Bros.’ existing theatrical release contracts would be honored, the report said, citing sources familiar with the matter

Reuters could not immediately verify the report.

(Reporting by Devika Nair in Bengaluru; Editing by Sherry Jacob-Phillips)

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