The Ringer
The Town with Matthew Belloni
Puck founding partner Matthew Belloni takes you inside Hollywood, using exclusive reporting and insight to explain the backstories on everything from Marvel movies to streaming wars. Multiple times each week, Matt is joined by major executives, dealmakers, and journalists, to discuss what is getting made and why, who is winning and losing, and what people in show business are actually talking about.
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Épisodes
The Ellison Empire Strikes Back: Paramount Goes Hostile 09.12.2025 36:00
Matt is joined by Peter Supino from Wolfe Research to discuss Paramount launching a hostile takeover of Warner Bros., days after they agreed to a deal with Netflix. Peter maps out the differences in each bid and makes the case for and against each bidder. They also talk about the latest comments by David Ellison, Ted Sarandos, and Donald Trump, where the financials are coming from for Paramount-Sk...
Netflix Buys Warner Bros. Emergency Pod!!! 06.12.2025 41:03
Matt is joined by Bloomberg’s Lucas Shaw to break down every angle of Netflix agreeing to buy the Warner Bros. film and streaming business. They dig into why Netflix made this deal, why David Ellison and Paramount lost out, the threat to moviemaking and movie theaters, what will happen to HBO Max, and possible roadblocks that could prevent this deal from going through. For a 20 percent discount on...
Is Film School Still Worth It? With a Top Dean. 05.12.2025 35:20
Matt is joined by Stephen Galloway, the dean of Chapman University’s Dodge College of Film and Media Arts, to discuss the state of film school education in 2025, how it has evolved, and the increasingly high tuition costs (02:22) Matt finishes the show by predicting whether 'Rush Hour 4' will actually get made (27:09). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hea...
Why the NFL (and Everything Else) Keeps Breaking Ratings Records 04.12.2025 32:26
Matt is joined by Nielsen Global Media executive Brian Fuhrer to discuss why NFL ratings seem to be setting new viewership records all the time, how sports-ratings measurements have changed, why these numbers are so important for sports leagues, and which leagues are growing the fastest (02:35). Matt finishes the show with an opening weekend box office prediction for ‘Five Nights at Freddy's 2’ (2...
Would Netflix Really Embrace Theaters to Buy Warner Bros.? 02.12.2025 37:01
Matt is joined by Bloomberg's Lucas Shaw to discuss Lucas’s recent report that Netflix would continue to release Warner Bros. movies in theaters if it were to acquire Warner Bros. Discovery. They talk about whether they actually believe Netflix, how theatrical movies at Netflix would work, and possible conditions that could accompany a Netflix–Warner Bros. Discovery deal (03:07). Lucas sticks arou...
Commercial Vs. Arthouse, Going Marvel, and Notes From Spielberg With ‘Hamnet’ Director Chloé Zhao 28.11.2025 30:05
Live from Los Angeles, Matt is joined by director Chloe Zhao ('Hamnet') to discuss what she learned from Steven Spielberg producing her movie, how she developed her visual style, directing a Marvel movie, casting ‘Hamnet’, the COVID Oscars, and her plans to work in anime (00:41). Matt finishes the show with an opening weekend box office prediction for ‘Zootopia 2’ (21:45). For a 20 percent discoun...
Part 2: James Cameron on ‘Avatar 4’ and ‘5,’ Movie Biz Fears, 3D, Netflix, and Aliens 24.11.2025 37:56
In part two, Matt and director James Cameron talk about how much ‘Avatar’ really costs to produce, whether he has plans for a fourth and fifth movie, his relationship with Disney and Bob Iger, what COVID and streaming did to the industry, who should buy Warner Bros. (and why it’s definitely not Netflix), why 3D never took off, the Sphere, aliens, his director hang-out sessions, and much more. For...
Part 1: James Cameron on Avatar Misconceptions, AI’s Skynet Moment, and His Elon Musk Friendship 24.11.2025 39:19
Matt and director James Cameron sit down for a wide-ranging conversation on the misconceptions about the filmmaking of the 'Avatar' franchise, how it landed at Fox/Disney, why Jim prefers using performance capture technology, the cost of CGI, the threat of AI in Hollywood, his relationship with Elon Musk, whether Jim agrees that he is a “difficult” director, his deep-sea explorations, and more. Fo...
Did Hollywood Ever Have a Chance Against YouTube? 20.11.2025 31:59
Matt is joined by Tom Freston, former CEO of Viacom and MTV Networks, to discuss why legacy companies missed the boat with YouTube in the early aughts, the similarities YouTube from the aughts shares with the AI boom of today, why MTV died, and whether it can be revived (02:13). Matt finishes the show with a prediction on the hottest story in town: Parmigiano Reggiano signing with UTA (25:57). For...
The Brewing Backlash to Hollywood Consolidation 19.11.2025 37:26
Matt is joined by Jonathan Kanter, a lawyer who served as Assistant Attorney General for the Antitrust Division of the U.S. Department of Justice from 2021 to 2024, to look at the looming Warner Bros. Discovery sale from an antitrust perspective, highlight the biggest antitrust issues for each potential bidder (Paramount, Comcast, Netflix), whether consolidation is necessary to compete with Big Te...
The Fall Box Office Crisis: A Phase, a Fluke, or the Future? 17.11.2025 33:28
Matt is joined by Bloomberg’s Lucas Shaw to investigate a historically bad fall season at the box office by highlighting which issues are actually real and which are insignificant. They look at larger industry-wide trends, like the shortening of theatrical windows and the rise of streaming, as well as smaller, more recent developments like releasing independent movies wide rather than platforming...
Why Anime Is Becoming Undeniable in Hollywood 14.11.2025 31:50
Matt is joined by Rahul Purini, the president of Crunchyroll, to discuss the anime boom both globally and in America, the rise of global streaming services and its role in spreading anime and manga content, and what is it about the anime content itself that appeals to audiences (03:49). Matt finishes the show with an opening weekend box office prediction for ‘The Running Man’ and ‘Now You See Me:...
Tubi Takes on YouTube, and a Michael Jackson Movie Update 12.11.2025 36:08
Matt is joined by Tubi CEO Anjali Sud to discuss how Tubi reached profitability, its push to bring in original creators, the growth of ad-supported streaming, how the FAST landscape is evolving, and why everyone is competing with YouTube (01:55). Later, Matt discusses a few details about the upcoming Michael Jackson biopic, ‘Michael,’ and gives an early prediction for how the movie will perform an...
YouTube vs. Disney: Who Needs Whom More? 10.11.2025 30:48
Matt is joined by Bloomberg’s Lucas Shaw to discuss the ongoing dispute between YouTube and Disney, which has resulted in the removal of ESPN and other Disney properties from YouTube TV for the past week. They break down why this dispute is different from others that have come before it, focusing on the leverage a tech company like Google has over traditional cable operators. Later, they touch on...
Mailbag! 'Star Wars' and Soderbergh, the Best Home for Warner Bros., and Netflix vs. Theaters. 05.11.2025 31:30
Matt opens up the mailbag for another Town Hall and answers listener questions about Disney turning down a Steven Soderbergh–penned 'Star Wars' script, the possibility of Netflix and Comcast splitting Warner Bros. Discovery, whether Netflix will ever release movies in theaters, who the best home for Warner Bros. is from the perspective of the talent community, and what will happen to 'The Challeng...
The 2025 Movie Franchise Draft 03.11.2025 41:13
Matt is joined by Bloomberg’s Lucas Shaw to draft which movie franchises they would most want to start a movie studio with in 2025. They each select five franchises, as well as one TV franchise, and make the case for why they are best suited to succeed over the next 10-20 years. For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ...
Will Big Tech and AI Save or Kill Hollywood? 30.10.2025 35:27
Matt is joined by Andrew Ross Sorkin ('Squawk Box,' The New York Times) to discuss how the tech boom has affected Hollywood and what new power players like David Ellison really want with the media industry. They also discuss the potential impact of the AI bubble bursting, whether the Middle East will ever make a big splash in Hollywood, and whether there is a case for consolidation in media (02:11...
The Risks and Rewards of Self-Distributing Movies, With Black Bear’s Teddy Schwarzman 29.10.2025 32:28
Matt is joined by Teddy Schwarzman, the founder of Black Bear Pictures, to discuss the challenges and strategies behind an independent production company launching its own distribution division. They talk about the risk of making big bets on small movies in theaters, how the industry has evolved, and whether Teddy sees A24 and Neon as competitors (02:46). Matt finishes the show with an opening wee...
Savvy or Desperate? NBCU Poaches Taylor Sheridan From Paramount. 27.10.2025 32:21
Matt is joined by Bloomberg’s Lucas Shaw to discuss Matt’s report that Taylor Sheridan will be leaving Paramount to join NBCU starting in 2029. They break down the details of the deal, whether this should be considered savvy or desperate for NBCU and Peacock, how big of a risk this is, and whether this portends a larger splash coming from NBCU (02:40). Matt finishes the show with a prediction abou...
Do Standing Ovations at Film Festivals Mean Anything? The Town Investigates. 23.10.2025 35:19
Matt is joined by film data analyst Stephen Follows to dig into one of Hollywood’s most ridiculous phenomenons, the film festival standing ovation. Stephen gathered over 500 reported standing ovations across five of the world’s biggest film festivals to see whether the length of applause tells us anything meaningful about a film’s future (02:26). Matt finishes the show with a prediction about the...
Warner Bros. Is Officially for Sale. It's Paramount vs. ... Whom? 22.10.2025 36:48
Matt is joined by Peter Supino, a managing director and senior analyst at Wolfe Research, to unpack the deal market for Warner Bros. Discovery, running through each potential bidder, who makes the most sense, and what a merger would look like in each scenario (03:13). Matt finishes the show with an opening weekend box office prediction for ‘Springsteen: Deliver Me From Nowhere’ (30:45). For a 20 p...
Netflix Adds Podcasts and Makes a Deal With AMC Theatres. Why? 20.10.2025 35:27
Matt is joined by Bloomberg’s Lucas Shaw to discuss Netflix diving into the podcast business by striking a deal to stream a group of original podcasts from Spotify and The Ringer. They break down what this signals for the future of Netflix, the likelihood that people will watch podcasts on Netflix, and what’s in it for Spotify. Later, they touch on AMC and Netflix agreeing to rerelease ‘KPop Demon...
Is the “Netflix of AI” App a Friend or Foe to Hollywood? 16.10.2025 35:28
Matt is joined by Edward Saatchi, the CEO of a startup called Fable, to discuss his new product, Showrunner, which is backed by Amazon and bills itself as the “Netflix of AI.” The app allows users to create their own licensed versions of their favorite TV shows using AI. Edward explains why he feels this is the proper way to use AI in Hollywood, how the app will make money and pay artists, the gua...
Apple's True Intentions in Hollywood—With Top Exec Eddy Cue 14.10.2025 41:43
Matt is joined by Apple senior vice president of services Eddy Cue to discuss all things Apple in Hollywood, including the latest momentum for the studio after big hits like ‘Severance,’ ‘The Studio,’ and ‘F1’; the business model of the streaming service; whether the company would ever bolster its library by acquiring a studio; its interest in sports rights; its commitment to releasing movies thea...
The Hollywood Stock Market: The Rock, Louis C.K., Kevin Feige, Sora 2, and More! 13.10.2025 32:54
Live from Bloomberg’s Screentime event in L.A., Matt and Lucas Shaw make the case to buy or sell various entities across the entertainment industry, including the Rock, Comcast, Louis C.K., the Sora 2 freak-out, Glen Powell, Marvel, and more! For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. E...
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