New Delhi, Jan. 17 -- Netflix co-chief executive Ted Sarandos has moved to calm industry concerns over the streaming giant's commitment to theatrical film distribution, underscoring that the company's potential acquisition of Warner Bros.

Discovery (WBD) would not undermine the traditional cinema model. His comments come amid heightened scrutiny from cinema owners, filmmakers and trade groups as Netflix seeks to expand its footprint in Hollywood.

In a recent interview with The New York Times, Sarandos addressed mounting anxiety about Netflix's plans for theatrical movies once the $82 billion acquisition of Warner Bros is completed.

He offered a specific pledge that movies from the acquired studio would continue to be released to cinema...