Don't eat lunch in this town without it
Don’t mind the $430 million revenue drop in linear over the last two years — Bob Iger would like to shift your attention over to streaming, where price hikes have proven a magical Disney attraction. Elaine Low, Sean McNulty and Richard Rushfield break down all the news from Disney’s Q3 earnings call, new turns in the company’s succession drama — and why Richard worries we’re headed back to 1993, only worse. Plus: The crew predicts which films will top the holiday box office.
Transcript here. For more entertainment news, subscribe to The Ankler or apply to The Ladder, a new members-only hub for early career entertainment professionals.
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In this bonus episode recorded live at the Montclair Film Festival, Sean McNulty — author of The Wakeup newsletter at The Ankler — leads a discussion about the state of the movie industry. Neon executive Dan O’Meara, WME partner Maggie Pisacane and AMC Networks film head Scott Shooman join McNulty to break down the box office realities of 2024 and beyond, from how to reach audiences to changes in dealmaking to the broader consumer behavior shifts and cultural trends disrupting filmed entertainment.
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In this bonus episode recorded live at the Montclair Film Festival, Ashley Cullins — author of The Ankler’s Dealmakers newsletter — leads a discussion about artists, audiences and artificial intelligence. Attorney James Grimmelmann, tech investor and advisor Greg Kahn, EDGLRD executive Eric Kohn and filmmaker Michaela Ternasky-Holland join Cullins to unpack AI’s creative possibilities and limitations, the megadeals it’s driving, the guardrails for Hollywood and the legal implications for artists and IP. Plus, how to conquer your fears and build your tech literacy with tools like ChatGPT, Midjourney, Runway and more.
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Hollywood usually loves a sequel. Trump’s reelection? Not so much. His forthcoming second term has the town feeling “resigned,” says Richard Rushfield (even if James Carville thinks he won’t survive all four years). But M&A-obsessed CEOs aren’t so downtrodden. Elaine Low, Sean McNulty, Richard and David Lidsky break down potential winners and losers, and deal scenarios — including a pro-con debate over Big Tech buying studios — and why the industry needs to learn the value of authenticity.
Transcript here. For more entertainment news, subscribe to The Ankler or apply to The Ladder, a new members-only hub for early career entertainment professionals.
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FAST services are heralded for stratospherically high subscriber totals. Tubi has 80 million monthly active users, Roku’s got 85.5 million — Samsung is even at 88 million. So how come none of them are turning a profit? Elaine Low, Richard Rushfield and Sean McNulty evaluate free TV’s struggle (and how paid streaming compares). Plus: What Harris or Trump would mean for industry M&A; and NBCUniversal’s mysterious “study” of whether to spin off its cable networks.
Transcript here. For more entertainment news, subscribe to The Ankler or apply to The Ladder, a new members-only hub for early career entertainment professionals.
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Hollywood is a relationship business. So can you learn from your bosses, network and get promoted if you’re working from home? Nicole LaPorte talks to Sean McNulty, Elaine Low and Richard Rushfield about the divide over remote work as Lionsgate and Amazon mandate five days in office, and agents and execs warn that young Hollywood’s work-life balance may come at a professional cost. Plus: What Disney’s buying for Hulu, FX and ABC while the company’s Iger succession drama takes another turn.
Transcript here. For more entertainment news, subscribe to The Ankler or apply to The Ladder, a new members-only hub for early career entertainment professionals.
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Janice Min interviews Tina Brown, a sharp observer of the seismic social changes that have led to our chaotic new politics, in a wide-ranging and often hilarious conversation about the journalists impressing her, the frustrating state of cable news punditry, what celebrity she’d put on the cover of a magazine in 2024, her maternal rage after Trump supporters ridiculed Gus Walz, and Harry and Meghan (buckle up for one big anvil drop of ouch). That’s on top of a lot of talk about Trump, Harris, Elon Musk and the forces and figures driving our anxiety.
To read more about this interview, click here. For the sharpest coverage of the entertainment industry, become a paid subscriber to The Ankler.
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An unprecedented election, two wars, deadly hurricanes. Yet CNN’s average primetime TV audience dropped to just 853,000 total viewers during September. Ankler contributor Lachlan Cartwright joins Sean McNulty, Richard Rushfield and David Lidsky to discuss his scoop-filled blockbuster about sweeping changes coming to CNN, chief Mark Thompson’s pay cut on the table for Chris Wallace, star salary “beheadings” and a digital makeover inspired by . . . Vice?! Plus: WBD fills its NBA-sized hole with every random league under the sun.
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Nobody is arguing Joker: Folie à Deux was a success. But it took a ballsy, director-led swing, followed up on a rare R-rated smash hit and — oh yeah — fought to shoot in L.A. Does it really deserve the pile-on? Elaine Low, Richard Rushfield and David Lidsky break down why cinema’s sudden “Flop Era” is actually a positive (seriously), and what it has to do with a new report that reveals how drastically production is down, particularly in L.A. Plus: Manori Ravindran surveys brand-funded series beyond Chick-fil-A, and Richard dives into his exposé of the Golden Globes’ questionable under-the-radar Sharon Stone gala in Turkey, a country with a wildly antisemitic Trump-buddy dictator. Where could you read about it? Not in Jay Penske’s many trades. Ooof!
Transcript here. For more entertainment news, subscribe to The Ankler.
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At its peak, Vice had a valuation of $5.7 billion, two shows on HBO, 2,600 employees in more than 30 countries, and was the 10th most valuable private company in America. Its cofounder and CEO, Shane Smith rode the wave of digital media, until it crashed and burned. He talks to Janice Min about what went wrong, if he has regrets and his thoughts on the future of media — which now includes his new podcast, produced with Bill Maher.
Read the interview in a Q&A format here. Subscribe to The Ankler for more entertainment and media news here.
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In business, there is a new power hierarchy now, reports Dealmakers columnist Ashley Cullins: AI companies flush with cash at top; next, the studios that have the content AI players crave; and at the bottom, talent. Ashley dives into how agents, reps and execs are scrambling to protect clients and IP — all while fighting for a piece of the $10 billion in AI fees projected to flood entertainment in 2025. Sean McNulty, Elaine Low and Richard Rushfield also talk what Disney’s studio contraction signals about a potentially more entrepreneurial future in TV, and how Sony pulled off its drama-free CEO transition.
Transcript here. For more entertainment news, subscribe to The Ankler.
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