While I’m sure theaters would love to run a Will Smith starrer like Bright, as well as some of Netflix’s other originals, I’m not sure there’s much likelihood that audiences would be rushing to the theaters to watch Netflix movies if they can watch most Netflix originals at home on the same day.
That’s harder to do if the movie is already available from the comfort of your couch.
That might be different if Netflix’s movies had great 3D or major special effects, but that’s not really the case with most Netflix original movies, even if the budgets for those movies are expanding somewhat.
I’m sure some people would rather see the movie on the big screen, but theaters have to spend money to get the rights to show those movies in the first place and to make money a large percent of people would need to buy in to the theatrical release.