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.
Episodes
August 13, 2026 • 37 mins
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
Pr...
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August 12, 2026 • 40 mins
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 o...
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August 10, 2026 • 37 mins
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 e...
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August 6, 2026 • 30 mins
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-M...
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August 5, 2026 • 36 mins
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 b...
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August 3, 2026 • 37 mins
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 Stefa...
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July 28, 2026 • 32 mins
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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This episode is brought to you by Accenture. https://Ac...
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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 ...
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July 24, 2026 • 37 mins
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’ re...
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July 21, 2026 • 35 mins
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 restra...
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July 20, 2026 • 44 mins
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 Horlb...
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July 17, 2026 • 33 mins
(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 ...
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July 16, 2026 • 37 mins
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 cl...
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July 14, 2026 • 40 mins
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 remake...
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July 10, 2026 • 34 mins
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 hea...
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July 8, 2026 • 37 mins
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 ...
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July 6, 2026 • 43 mins
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
This episode is brought t...
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July 2, 2026 • 35 mins
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 surpris...
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June 29, 2026 • 33 mins
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...
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June 26, 2026 • 35 mins
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 fo...
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