After #Weapons', Zach Cregger was tapped by Netflix to make "The Flood"—but the deal fell through when co-CEO Ted Sarandos rejected his request for a theatrical release. The standoff underscores Netflix’s struggle to attract top filmmakers under its “no theaters” model, even as its relationship with cinemas warms with exceptions like #KPopDemonHunters, #Frankenstein, and the #StrangerThings finale. Insiders tell TheWrap the streamer risks losing talent if it sticks to the old approach. Read the full analysis at the link in bio.