Washington, April 25 -- Netflix co-CEO Ted Sarandos has sparked a debate in the film industry by labelling the traditional movie theatre model as "outdated."

According to Variety, in a recent interview at the Time100 Summit in New York, Sarandos expressed his views on the changing landscape of movie consumption, citing the decline of box office numbers and the shift in consumer preferences.

Sarandos emphasised that Netflix's success lies in its consumer-focused approach, delivering programs in a way that audiences want to watch them.

"What does that say? What is the consumer trying to tell us? That they'd like to watch movies at home, thank you," he said, highlighting the struggles of the global box office, as quoted by Variety.

Saran...