This week, Kara Swisher interviewed WarnerMedia’s chief executive, Jason Kilar, fresh on the heels of the announcement that Warner Bros. will release its 2021 film slate in theaters and on its streaming site, HBO Max, simultaneously. (If you missed that episode — scroll back and hit play! Or click here if you’re on the World Wide Web).

In this bonus episode of “Sway,” Kara Swisher and the New York Times media columnist Ben Smith discuss what the news means for the future of the film industry, and whether this move will establish Mr. Kilar as the streaming king of Hollywood or leave his “head on a platter.” As Mr. Smith puts it, “A huge piece of the studio business — and of Warner’s business — are these relationships with directors who they just burned the hell out of."

You can find transcripts (posted midday) and more information for all episodes at nytimes.com/sway, and you can find Kara on Twitter @karaswisher.