Ted Sarandos sympathizes with directors who long dreamed their movies would end up on the big screen only to land on streaming as the business continues to shift away from movie theaters.

While talking with Tom Papa and Fortune Feimster on SiriusXM’s “What a Joke” podcast, the Netflix co-ceo tackled the ongoing topic that is the future of the movie theater. Sarandos acknowledged that the business has gotten tougher while saying he feels for directors whose movies never see the silver screen.

“I talk to a lot of directors and I totally respect that they — a lot of them grew up and this was their dream, to have the gigantic screen and a room full of strangers,” he said. “It’s a very tough business model anymore. And I just feel like, I hope it is always around as an option. I just think it will be more and more challenging.