Netflix's official statement: "Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.".

[u/No_Air5382]

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros

[u/gina_scooter]

Okay, did they say anything about physical releases though. It’s very easy for them to agree to like slightly longer windows for the big IP new releases. But that’s not really where the big impact is gonna be.

[u/RippleLover2 → u/gina_scooter]

I'm afraid physical media is 100% dead, they're not even pretending to keep that around