Netflix, YouTube, horny hockey hunks — even amid rough economic terrain this year, these industry standouts and more not only survived through ’25, but thrived. Elaine Low, Sean McNulty and Natalie Jarvey are joined by a cavalcade of Ankler’s best — including Katey Rich, Lesley Goldberg, Matthew Frank and Ankler Agenda executive producer Shana Naomi Krochmal — to share their winners of the year, as well as the unfortunate losers. (Sorry, but if you’re reading this, Sean has you on the list — and he’s brought receipts.)

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In a year when creators surged fully into the mainstream, ICYMI’s Lia Haberman joins Like & Subscribe's Natalie Jarvey for a Substack Live recap of the biggest highs and lows of 2025. From MrBeast going Hollywood to Ms. Rachel landing on Netflix, plus podcasts turning into video shows and YouTube cementing itself as television, they break down what changed, and what those shifts mean for the creator economy going into 2026. Natalie and Lia also hand out totally fake (but very fun) awards to the people, trends, and storylines that defined the year. And because looking back means being honest, they also dig into stunts and terms they want to leave behind in 2025.

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Some guys can’t take a hint. After half a dozen proposals and a hostile bid, Paramount Skydance got a definitive “no means no” from Warner Bros. Discovery’s board this week. Elaine Low and Sean McNulty break down how the tables turned on suitor PSKY, what this means for the timeline of a Netflix-Warner Bros. merger and the wild payouts David Zaslav and the WBD C-suite are getting regardless of what happens. (Contraction, schmontraction.) Then, Erik Barmack unpacks Disney’s $1B investment in OpenAI, Bob Iger’s claim that the deal poses “no threat to creatives,” and what it really means when 200 Disney, Marvel, Pixar and Star Wars characters can now be remixed into user-generated Sora videos.

Plus: Richard Rushfield on the tragic murders of Rob Reiner and his wife, Michele Singer Reiner.

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Prestige Junkie's Katey Rich and Natalie Jarvey jumped on Substack Live to discuss why the Academy struck a deal with YouTube to air the Oscars, who might win the most in this deal, and what kind of changes we might expect for the Oscars going forward.

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Richard Rushfield, Katey Rich and Christopher Rosen taped a special Prestige Junkie episode to discuss what Richard rightly hailed as Rob Reiner's “towering career of a towering presence” in the industry. From his early days as a sitcom star on All in the Family to his remarkable 12-year run of feature films, starting with 1984’s This Is Spinal Tap and ending with 1996’s The American President — with 1986’s Stand By Me, 1987’s The Princess Bride and 1989’s When Harry Met Sally among those in between — Reiner influenced a generation.

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Creator and actor Noah Beck and Olympic gymnast Jordan Chiles join Natalie Jarvey to break down how athletes are building fandom — and entire careers — beyond the field. From NIL to fashion to acting, they share how they navigate social media pressure, pursue new opportunities, and stay competitive while staying themselves. Subscribe to Like and Subscribe for more conversations like these: likeandsubscribenews.substack.com

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Like sand through the hourglass, so are the mergers of our lives. With the Warner Bros. board now in a 10-day window to respond to Paramount’s newly hostile counteroffer, Hollywood is nearly guaranteed to be mired in this soap-operatic saga for months to come. Elaine Low, Sean McNulty and Natalie Jarvey break down the latest — including the introduction of Jared Kushner and Middle East money as the majority financial backing of the new Paramount bid, how the industry and unions are looking to fight off this merger (and whether public sentiment matters), and the likely chill this is going to have on the day-to-day business of television and film until there’s resolution. Plus, Katey Rich offers the lay of the land now that Golden Globes nominations are out: who got snubbed, who got some love and how a combined HBO-Netflix would dominate awards season.

And don't forget to take The Ankler's Hollywood in 2026 survey here!

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WGA West president Michele Mulroney has a message for Netflix chief Ted Sarandos and Warner Bros. Discovery head David Zaslav: “We want there to be consideration of industry workers in these conversations… We don’t believe it was inevitable that Warner Bros. needed to be sold.” The guild leader sat down with Elaine Low on Monday morning as the town was still digesting the news of Netflix’s winning $82.7 billion bid to acquire Warner Bros. studio and streaming assets, not to mention the fresh shock of Paramount’s hostile takeover bid for the entirety of Warner Bros. Discovery.
In looking at the impact of past mergers (Disney-Fox, Warner Bros.-Discovery, etc.) on writers, Mulroney says, “We sadly know how this movie ends,” and that the Disney-Fox merger didn’t increase employment or content production among writers. “We are doing a lot of advocacy at the congressional level and with attorneys general to outline what we see as the dangers for our industry, and for the wider, wider economy of the U.S., and they are hearing us.” Guild leaders urge members also to reach out to their elected officials about their concerns — and to lean into their creativity to navigate the current challenges. “This is a time to dig deep and be entrepreneurial where you can try and make things happen for yourself, rather than waiting around,” Mulroney says.

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Elaine Low, Natalie Jarvey, Sean McNulty and Lesley Goldberg all gathered Friday morning for a special live episode of Ankler Agenda to break down the repercussions of potentially the most significant piece of show business news this decade: Netflix's acquisition of Warner Bros. Top-line concerns include:

• The thousands of lost jobs that will worsen unemployment in the industry — already at Depression-era levels
• Whether movie theaters can survive the “consumer-friendly” windows Netflix co-CEO Ted Sarandos referenced in a Friday call with investors
• Netflix’s potential new arsenal: all-star showrunners (J.J. Abrams, Greg Berlanti and Chuck Lorre, to name a few) and a gaming vertical at last
• Downstream effects on linear syndication
• The future of the peerless brand HBO

“Everybody is just shell-shocked,” Elaine said of the calls and texts she fielded all day. “The main reaction that I’ve been getting is that people are scared. People are nervous.”

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One studio to rule them all and in the darkness bind them: Netflix, Paramount Skydance and Comcast have submitted new bids to buy Warner Bros. Discovery, part or parcel. One’s got cash (Netflix), another’s got Saudi money (PSKY), but the question is: Who needs whom more? And which studio exec would be most palatable to the town as the new head of Warner Bros.’ TV and film studios — Ted Sarandos, David Ellison or Donna Langley? Elaine Low, Sean McNulty and Natalie Jarvey suss out the latest (binding) bids for WBD and which combos make the most sense for the studios and for the health of Hollywood. Plus, the battle between idealistic Patreon and heavy-hitter Substack for writers and creators, and Richard Rushfield’s take on why anyone but a Hollywood studio should buy WBD.

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After ignoring weeks of theatrical disappointments, moviegoers fell under the spell of Wicked: For Good last weekend to the tune of almost $150 million in North America. Who does the industry have to thank for that total? Women, who made up 70 percent of the opening audience. Elaine Low, Sean McNulty and Natalie Jarvey examine how the fairer sex have been largely underserved at the box office this year, while Vanity Fair’s all-bro Hollywood cover boys like Glen Powell (The Running Man) and Jeremy Allen White (Springsteen: Deliver Me From Nowhere) struggled to pull their weight as movie stars. Plus, Prestige Junkie’s Katey Rich lays out the key storylines as the Oscar race heats up — including what she’s hearing from voters (nope, they still haven’t seen all the movies) and why Warner Bros. is sitting pretty with best picture frontrunners One Battle After Another and Sinners.

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