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.
Jeffrey Katzenberg on Why Hollywood Must Embrace AI
Matt is joined by Jeffrey Katzenberg and Bloomberg’s Lucas Shaw to discuss Jeffrey’s latest essay insisting that Hollywood embrace AI, similarities to CGI animation in the '90s and 2000s, the importance of consent and compensation, and why this could create more jobs and opportunities for storytellers (02:23). Matt finishes the show with an opening weekend box office prediction for ‘Heart of the Beast,’ 'Forgotten Island,’ and ‘Primetime’ (33:10).
Host: Matt Belloni
Guest: Lucas Shaw, Jeffrey Katzenberg
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: De...
Emergency Pod: Paramount Settles—and Bonta Caves
Matt is joined by Bloomberg's Lucas Shaw to discuss Paramount settling its lawsuit with a group of states led by California Attorney General Rob Bonta, paving the way for Paramount Skydance to acquire Warner Bros. Discovery. They dig into the details of the deal, including the concessions (or lack thereof) made by Paramount, who really had leverage in this negotiation, David Ellison’s next move, how the industry is reacting, other winners and losers of the settlement, and more (00:00).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lo...
Tom Cruise and the New Age of Celebrity Profiles
Matt is joined by Zach Baron, GQ's senior special projects editor and host of new show ‘One More Question,’ to discuss the modern celebrity press tour, the art of celebrity profiles, interviewing Tom Cruise, what celebs want out of the media in 2026, and the state of access journalism (02:22). Matt finishes the show with an opening weekend box office prediction for Zach Cregger’s new film ‘Resident Evil’ (33:40).
Host: Matt Belloni
Guest: Zach Baron
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Learn...
2026 Emmys Instant Reactions: Is Apple Really the New HBO? What Happened to Netflix?
Matt is joined by Bloomberg’s Lucas Shaw to recap the 2026 Emmys and give their takes on the biggest narratives coming ou)t of the show, including Apple’s big night with 'Widow’s Bay,' its ascent in the prestige TV genre over the past few years, its competition with HBO, Netflix’s recent struggles to make a splash, Disney’s quiet year, and the new power ranking of TV streamers (01:51). Matt finishes the show by recapping his trip to TIFF and predicting which movie will win the People’s Choice Award (29:28).
Host: Matt Belloni...
How to Run a Specialty Studio in 2026, with Searchlight President
Live from TIFF, Matt is joined by the president of Searchlight Pictures, Matthew Greenfield along with Bloomberg’s Lucas Shaw to discuss how to run a specialty film division in 2026, what it's like being a part of the Disney machine, how to know if a movie is theatrical, how they compare themselves to their competitors, and how they choose sequels to greenlight (00:00).
Host: Matt Belloni
Guest: Matthew Greenfield, Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
...
‘Resident Evil’ and the Tightrope of Relaunching Old IP
Matt is joined by Oliver Berben, CEO of Constantin Film, to discuss the upcoming ‘Resident Evil’ film, how Zach Cregger got involved, how Constantin gained control of the IP, the international film business, franchise management, Constantin’s involvement in Marvel, and how European companies stay relevant in America (01:47). Matt finishes the show with an opening weekend box office prediction for ‘Practical Magic 2’ (30:44).
Host: Matt Belloni
Guest: Oliver Berben
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Learn more about...
Four Big Stories: Emmys ’26, Summer Box Office Pushback, Fed Tax Credit Odds, and ‘60 Minutes’ 2.0
Matt is joined by Bloomberg’s Lucas Shaw to discuss a slew of topics from around town, including the biggest narratives around this year's Emmy Awards, a new report offering skepticism about this summer's huge box office, the chances of a federal tax credit passing, and whether the changes to ‘60 Minutes’ are a good idea (00:00).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
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The 2026 Summer Box Office Winners, Losers, and Head-Scratchers
Matt is joined by Puck’s box office expert Scott Mendelson to judge their early summer box office predictions by looking at the biggest hits, misses, and questions from the 2026 summer slate.
'The Devil Wears Prada 2' (02:53)
'Mortal Kombat II' (05:41)
'Mandalorian & Grogu' (06:51)
'Masters of the Universe' (09:09)
'Scary Movie 6' (11:55)
'Disclosure Day' (13:46)
'Toy Story 5' (15:55)
'Supergirl' (17:53)
'Minions & Monsters' (22:15)
'Moana' (27:09)
'The Odyssey' (33:31)
'Spider-Man: Brand New Day' (37:11)
'The End of Oak Street' (42:35)
...
Did Donald Trump Just Save Filmmaking in America?
Matt is joined by Film USA cofounders Tony Armer and Katie Pryor to discuss President Trump’s public endorsement of a federal tax credit for film production in the United States, how this could reshape filmmaking in America, how it could transform the filmmaking industry, how the tax credit would work, the odds of this passing, what needs to happen next, and more (02:08). Matt finishes the show with an opening weekend box office prediction for ‘By Any Means,’ starring Mark Wahlberg (26:57).
Host: Matt Belloni
Guests: Tony Armer and Katie Pryor
Prod...
The Five Biggest Hollywood Storylines for the Rest of 2026
Matt is joined by Bloomberg’s Lucas Shaw to examine the biggest industry narratives heading into the final stretch of the year. Can Netflix break its slump? How much will Netflix vs. YouTube continue to escalate? How disruptive will 'Grand Theft Auto VI' be? Who will get World Cup rights in 2030? Will Congress pass a federal tax incentive (01:30)? Matt finishes the show with a prediction about a new venture from AMC Theatres (30:32).
Host: Matt Belloni
Guests: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
...
Disney's Biggest Swings and Misses, Plus Iger vs. Eisner—With the Acquired Guys
Matt is joined by the hosts of the Acquired podcast, Ben Gilbert and David Rosenthal, to discuss their two-part series on the history of The Walt Disney Company; what surprised them the most during their deep research; Disney's most precarious investments, biggest missteps, and best acquisitions; where Disney is today; and how it's positioned for the future (02:08). Matt finishes the show with an opening weekend box office prediction for 'Coyote vs. Acme' (34:57).
Host: Matt Belloni
Guests: Ben Gilbert and David Rosenthal
Producers: Craig Horlbeck, Jessie Lopez, and...
America vs. the U.K.: Who Makes Better TV Shows?
Live from the Edinburgh International Television Festival, Matt is joined by veteran TV execs Patrick Holland, Jane Root, and Dimitri Doganis to discuss why the U.K. is so good at making hit TV shows, how producers can own more of their shows, YouTube’s influence, and, of course, Harry and Meghan (02:01).
Host: Matt Belloni
Guests: Patrick Holland, Jane Root, and Dimitri Doganis
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Nominated for 26 Emmy Awards, including OUTSTANDING DRAMA SE...
The WarnerMount PR War and the 'Dune 3' Ticket Crash
Matt is joined by Bloomberg’s Lucas Shaw to discuss Rob Bonta canceling the scheduled talks between Paramount and California over the Warner Bros. merger, the strategy behind this cancellation, and whether California is overplaying its hand. They also discuss the 'Dune 3' ticketing debacle that outraged fans after ticketing apps for IMAX 70 mm showings of 'Dune: Part Three' crashed (02:11). Matt finishes the show with a prediction about a celebrity starting their own talk show (25:05).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and St...
Mailbag! Marvel’s Future, Johnny Depp’s Comeback, L.A.’s Recession, and Awkward Celeb Interactions.
(00:00) Matt opens up the summer mailbag to answer listener questions about Marvel’s future after 'Avengers: Doomsday,' the X-Men casting, Netflix’s need to lure big filmmakers, whether Johnny Depp’s comeback will work, why Meghan and Harry’s failed in Hollywood, worries that L.A. could become the next Detroit, and Matt's and Craig’s most awkward celebrity interactions.
Host: Matt Belloni
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Nominated for 26 Emmy Awards, including OUTSTANDING DRAMA SERI...
The Business Secrets Behind the ‘Love Island’ Juggernaut
Matt is joined by David George, the CEO of ITV America, to dive into the massive success of 'Love Island,' how it became one of the biggest brands in unscripted TV, why they sold the show to Peacock, the market for selling reality shows nowadays, how much the show is really worth, sharing Fiji hotels with ‘Survivor,’ and more (02:31). Matt finishes the show with an opening weekend box office prediction for 'Insidious: Out of the Further' (30:36).
Host: Matt Belloni
Gust: David George
Producers: Craig Horlbeck, Jessie Lope...
What Will It Take to End the Paramount–Warner Bros. Standoff?
Matt is joined by Bloomberg’s Lucas Shaw to discuss Paramount’s threat to leave California if it doesn’t get a settlement, the discourse’s effect on David Ellison’s ability to get a deal done, how an extended delay could negatively impact Hollywood, and what needs to happen to get this deal done (02:01). Matt finishes the show with a prediction about a new Disneyland attraction (31:57).
Host: Matt Belloni
Gust: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
...
Where Have All the Action Heroes Gone? With 'John Wick' Producer Basil Iwanyk
Matt is joined by producer Basil Iwanyk (John Wick, The Town, Sicario, The Expendables) to discuss the struggling state of the action movie market in America, why most studios have abandoned the original action movie business, casting an action star, and more (02:28). Matt finishes the show with an opening weekend box office prediction for ‘The End of Oak Street’ (32:05).
Host: Matt Belloni
Guest: Basil Iwanyk
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Nominated for 25 Emmy Awar...
Why Can’t We Build More IMAX Theaters? With CEO Rich Gelfond
Matt is joined by IMAX CEO Rich Gelfond to discuss the massive summer at the box office, 'The Odyssey' being the highest grossing IMAX movie of all time, IMAX being openly for sale, why there aren't more true 70mm IMAX theaters, if there will be more, Infinity Vision, the cost of shooting a movie entirely in IMAX, and more (02:12). Matt finishes the show with a prediction about whether or not Paramount would move its headquarters out of California (31:46).
Host: Matt Belloni
Gust: Rich Gelfond
Producers: Craig Horlbeck...
Fox Stands Up to the NFL, a Big Change to TV Ownership, and Ellison Commits to 30 Movies
Matt is joined by Bloomberg’s Lucas Shaw to discuss why Fox is refusing to renegotiate their media rights deal with the NFL until their current deal expires after the 2029 season, the impact of the FCC repealing the local television ownership cap, and David Ellison’s contractual pledge with theater owners to release at least 30 movies per year under WarnerMount (02:30). We finish the show by announcing a slate of live events for The Town this fall (31:18).
Host: Matt Belloni
Gust: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and...
The Case for Disney Exiting the Streaming Wars
Matt is joined by Wells Fargo analyst Steven Cahall to make the case for why Disney should exit the streaming business and focus only on producing and licensing its content. Steven digs into why Disney is well-positioned to leave streaming, the strength of its IP, and what Disney CEO Josh D’Amaro had to say about Steven’s idea (02:24). Matt finishes the show with another weekend box office prediction for ‘Spider-Man: Brand New Day’ (24:13).
Host: Matt Belloni
Gust: Steven Cahall
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez<...
Can the Paramount-WBD Merger Survive a Trial, Midterms, and a $650 Million Clock?
Matt is joined by Puck’s Eriq Gardner to discuss the March 2027 trial date that has been set for the Paramount–Warner Bros. Discovery antitrust case and what it means for the likelihood of this merger going through. They highlight the $650 million per quarter ticking fee Paramount has to pay in the meantime, how the November midterm elections could play a factor, who has the best leverage, whether Netflix could end up back in the mix, David Ellison’s New York Times column, and the other major legal issues at play (02:03). Matt finishes the show with a prediction about Season...
Why Spider-Man Broke Records, and Why Peacock Partnered With YouTube
Matt is joined by Bloomberg’s Lucas Shaw to catch up with the biggest news around town, including a record-breaking opening weekend for 'Spider-Man: Brand New Day,' WarnerMount trial-date jockeying, and YouTube’s new deal with Peacock (02:24). Matt finishes the show with a prediction about a ‘Barbie’ sequel (31:03).
Host: Matt Belloni
Gust: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
Nominated for 25 Emmy Awards, including OUTSTANDING COMEDY SERIES.
Learn more abo...
The Future Blockbusters Draft, Part 2
Matt and Bloomberg’s Lucas Shaw finish The Town’s first Future Blockbusters Draft by filling the remaining five slots on their teams (01:12).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
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Lear...
The Future Blockbusters Draft: The Directors, Actors, and IP That Will Define the Next Decade
Matt and Bloomberg’s Lucas Shaw put on their studio chief hats and conduct the first Future Blockbusters Draft. In Part 1, they draft five elements (director, actor, or IP) they believe will define the box office for the next 10 years (00:34). Matt finishes the show with a prediction about the Paramount–Warner Bros. merger (24:18).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
This episode is brought to you by AMC+. Start your...
The Surprising Winners of the AI-Enabled Entertainment Economy
Matt is joined by Sean Diffley, head of media and entertainment as well as cable and telecom research at Morgan Stanley to discuss a new system for stock picking called the MS Media Matrix, which ranks publicly traded entertainment companies based on audience and engagement, their interactivity, urgency of the content, pricing power, IP, and AI positioning, and then compares these strengths and weaknesses to the companies’ relative share price. They discuss the importance of ownership within these companies, AI's role in content creation and the future of leisure time, and AI's impact on content consumption (02:56). Matt finishes the sh...
Is Netflix Hurting YouTube by Poaching Talent?
Matt is joined by Bloomberg’s Lucas Shaw to debate whether Netflix or YouTube is winning the battle to dominate Hollywood. They move through the pros and cons of each platform, the new rules of engagement, whether podcasts are working on Netflix, whether YouTube should go after premium content, and more (02:26). Matt finishes the show with a prediction about the future of WarnerMount after a judge ruled for a temporary restraining order on the deal (27:50).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and St...
Paramount's Strategy to Beat California, With Its Top Lawyer
Matt is joined by Makan Delrahim, chief legal officer at Paramount, who argues his case in favor of Paramount's acquisition of Warner Bros. Discovery. He explains what they are willing to concede, why the state's case should fail, why this deal improves competition, whether Paramount would leave California, and the multiple ways this case could play out (02:42).
Host: Matt Belloni
Guest: Makan Delrahim
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
Theme Song: Devon Renaldo
This episode is brought to...
The Numbers That Have Netflix Investors Spooked
(00:00) Matt is joined by Guggenheim Senior Managing Director Michael Morris to discuss Netflix’s latest data dump and quarterly earnings report and assess why the market has started to turn on the streamer. They dig into why Netflix decided to reduce their engagement report release from biannually to annually, why the stock price has dropped nearly 50 percent since October, the nagging question of engagement, the perception that growth is slowing, and if M&A is necessary to reaccelerate growth, (02:29). Matt finishes the show with a World Cup final ratings prediction (28:25).
Host: Matt Belloni
...
The Data Scientists Quietly Powering Hollywood’s Greenlight Machine
Matt is joined by professor Violaine Roussel, a professor of sociology at Paris 8 University, to discuss her new book 'Data Driven Hollywood: The New Data Professionals in the Age of Streaming,' which polls 75 data scientists employed at streamers and studios to explain how modern studios use data to inform what they greenlight, what the data departments look like inside these streamers, how Netflix uses things like “taste clusters,” and how creative choices have been reinvented over the last 15 years (02:43). Matt finishes the show with an opening weekend box office prediction for Christopher Nolan’s new film ‘ The Odyssey’ (29:23).
...
The Case Against WarnerMount, with CA Attorney General Rob Bonta
Matt and Bloomberg’s Lucas Shaw are joined by California Attorney General Rob Bonta to discuss California’s new lawsuit to block Paramount Skydance's acquisition of Warner Bros. Discovery. They talk about what the lawsuit highlights and avoids, Paramount’s response, and the impact the acquisition would have on Hollywood (02:51). Matt finishes the show with a prediction about the future of Disney live-action remakes after a weak opening weekend for 'Moana' (35:03).
Host: Matt Belloni
Guest: Lucas Shaw, Rob Bonta
Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez
...
Is California's $750 Million Bet on Hollywood Working?
Matt is joined by Colleen Bell, the director of the California Film Commission, to check in on the state of film and TV production in California following the cap increase to $750M about a year ago. They discuss the increase in shoot days in California, how the new program works, whether a federal credit is coming, whether the new Los Angeles mayor and California governor will affect this program, why Netflix decided to build a headquarters in New Jersey, and how to build on the current momentum (03:03). Matt finishes the show with an opening weekend box office prediction for ‘Mo...
Inside the Internet IP Gold Rush Sweeping Hollywood
Matt is joined by producer Scott Glassgold to discuss internet IP and the short-story boom that has taken over Hollywood after major successes in ‘Backrooms’ and ‘Obsession’, whether this is a micro or macro trend, how these internet stories are developed for the big screen, and whether studios have learned the right lessons from this year (02:22). Matt finishes the show with a prediction for the 2026 Emmys (29:18).
Host: Matt Belloni
Guest: Scott Glassgold
Producers: Craig Horlbeck, Jessie Lopez, and Matt Pevic
Theme Song: Devon Renaldo
This episode is brought to you by AMC+. Start your free tri...
The Biggest Winners and Losers of 2026 So Far
Matt is joined by Bloomberg’s Lucas Shaw to select their winners and losers in the entertainment industry so far this year, from actors with surprise hits, studio heads with embarrassing flops, CEOs of struggling companies, and producers that made huge swings that paid off.
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Jon Jones
Theme Song: Devon Renaldo
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...Why Attendance Tells a Better Story Than Box Office
Matt is joined by Steve Buck, chief strategy officer at EntTelligence to discuss how many people are actually going to the movies and clarify the difference between admission versus box office. Steve reveals whether rising box office grosses are matched by actual attendance, if ticket price increases and premium large format screens are actually juicing box office totals, the demos and genres that are overindexing, and some surprising political affiliations of moviegoers (00:00). Matt finishes the show with an opening weekend box office prediction for ‘Minions & Monsters' (29:52).
Host: Matt Belloni
Guest: Steve Buck
...Will the Comcast-NBCU Split Lead to Another Huge Hollywood Deal?
Matt is joined by Bloomberg’s Lucas Shaw to discuss the news that NBCUniversal is splitting off from Comcast into a standalone company, the details of the deal, why this is happening now, and whether this opens the floodgates for more M&A (00:00). Matt finishes the show with a prediction about Sony’s $100M investment in Cosm (26:45).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Jon Jones
Theme Song: Devon Renaldo
After false repo...
How Larry Ellison’s Trump Bromance Is Helping WarnerMount
Matt is joined by WSJ reporter Emily Glazer to discuss her fascinating new piece highlighting Larry Ellison’s private friendship with Donald Trump and the impact it had on the Paramount M&A saga. Emily explains why Larry and Donald seem to get along so well, why Larry is bankrolling the WarnerMount deal, and how we got here in the first place (00:00). Matt finishes the show with an opening weekend box office prediction for ‘Supergirl’ (28:32).
Host: Matt Belloni
Guest: Emily Glazer
Producers: Craig Horlbeck, Jessie Lopez, and Jon Jo...
Amazon Won’t Release Its Sam Altman Movie. Will Anyone?
Matt is joined by Keach Hagey, a journalist at The Wall Street Journal and author of 'The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future,' to discuss Amazon abandoning Luca Guadagnino’s movie ‘Artificial’ and looking to sell it to another studio to distribute. They talk about why Amazon made this movie in the first place, its relationship with OpenAI, their thoughts on the script and how it portrays Altman, whether any major studio will buy this movie, and how big tech has influenced Hollywood’s decision-making strategy (00:00). Matt finishes the show with a prediction about th...
The Secret Industry That Makes Movies Go Viral
Matt is joined by journalist Lane Brown from New York Magazine to discuss his latest article digging into the insidious world of online clipping and narrative campaigning. Lane explains how virality and popularity are manufactured and engineered to resemble the improvised enthusiasm of human strangers, the companies behind these simulated trends, which movies, shows, bands, and viral moments were influenced by these tactics, how prevalent this is in media, how AI will play a role, and what to expect in the future (02:28). Matt then finishes the show with a couple of predictions about ‘Shrek 5’ and ‘The Social Reckoning’ (28:51).
Host: Ma...
Have Platforms Unseated Content as King in Hollywood?
Matt is joined by John Mass, president of Content Partners, to discuss the massive value of owning distribution in modern Hollywood in comparison to years past, when content seemed to be the most important piece of the pie. They talk about why becoming the gatekeeper in Hollywood is so important in 2026, Fox acquiring Roku, and more (2:55). Matt finishes the show with an opening weekend box office prediction for 'Toy Story 5' (27:33).
Host: Matt Belloni
Guest: John Mass
Producers: Craig Horlbeck, Jessie Lopez, and Matt Pevic
Theme Song: Devon Renaldo
After false reports of Deborah's...
Fox Is Buying Roku for $22B. Is It Now a Streaming Power Player?
Matt is joined by Bloomberg’s Lucas Shaw to discuss Fox’s $22 billion acquisition of Roku, why this happened, how connected TV devices are the secret gatekeepers to streaming, how this will affect the consumer, and what this says about the larger deal landscape in Hollywood (2:11). We finish the show with an update on the 2026 Box Office Draft (28:30).
Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck, Jessie Lopez, and Matt Pevic
Theme Song: Devon Renaldo
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The Madison: for your Emmy...