The great debate rages on as movie theaters struggle to compete with streaming content. While movie fans clamor for more original films and fewer tentpole franchises, movies like Mickey 17 and Horizon: An American Saga, which were non-sequel, non-franchise properties, ended up performing well below expectations at the box office. Even big-name films like Snow White are not reaching the heights that Disney can usually count on. On the flip side, A Minecraft Movie is doing gangbusters and the new original genre picture from Ryan Coogler, Sinners, is also performing well with a hard R rating that is usually seen as something that minimizes audiences. As things look bleak in Hollywood, Netflix’s Ted Sarandos recently spoke at the Time100 Summit, where he conveyed that the streamer is the saving grace for the film industry.

According to Deadline, the CEO was asked if Netflix was destroying Hollywood and he countered with,...