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Time Warner CEO Extends Olive Branch to Netflix, Theater Operators

Jeff Bewkes discusses at a Tribeca Fest forum how premium VOD may reduce piracy and how studios must work with all distribution partners, while saying he has "a fondness" for Netflix's subscription TV business model.

NEW YORK — Time Warner chairman and CEO Jeff Bewkes extended olive branches of sorts here Wednesday to Netflix and theater operators concerned about the company's participation in a premium VOD partnership with DirecTV.