Netflix’s co-CEO Ted Sarandos has historically seen minimal value in theaters as a distribution method. In April, he said that making movies “for movie theaters, for the communal experience” is “an outmoded idea.”
Don't believe CEO speak. Its counter to their actual plans. Netflix will eventually bid on defunct movie chains as prices of streaming show that movie releases are still based on production values and control of the theaterical release, then the streaming and eventual medium (if bluray is still viable and profitable).
Because a monopoly in movies will have studios, production, and distribution (not just streaming) control.