Sony Pictures CEO Ravi Ahuja addressed the success of "Kpop Demon Hunters," a Netflix film that exceeded expectations after its theatrical release. While acknowledging the film's massive success, Ahuja stated that the Netflix deal, made during the pandemic, made sense at the time. He admitted that a theatrical release might have yielded similar results, but ultimately defended the decision, emphasizing that Sony's goal is to create successful content and find the appropriate platform. Ahuja also mentioned ongoing negotiations with streamers to potentially secure better terms in future deals.
Prepared by Emily Rhodes and reviewed by editorial team.
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