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Four Big Stories: Emmys ’26, Summer Box Office Pushback, Fed Tax Credit Odds, and ‘60 Minutes’ 2.0

36m 53s

Four Big Stories: Emmys ’26, Summer Box Office Pushback, Fed Tax Credit Odds, and ‘60 Minutes’ 2.0

This episode examines the complexities behind Hollywood’s record-breaking summer box office, revealing that the apparent success is misleading when adjusted for inflation. Despite reported revenues reaching $4.76 billion, inflation-adjusted data shows a 17% decline compared to 2019, with attendance down 30%. The summer’s success is attributed to a few massive hits like *The Odyssey* and *Spider-Man*, rather than broad-based appeal, leading to a highly concentrated box office. Many other films failed to resonate, demonstrating a shift toward high-risk, high-reward releases. The rise of IMAX, while profitable for one film, does not signal a sustainable model, especially as flops like *Mandalorian* underperformed despite IMAX screenings. The episode also explores industry trends, including the political uncertainty around film tax credits, the commercial viability of A24’s diverse slate, and the controversial overhaul of *60 Minutes*. While A24’s five Oscar-contending films are generating buzz, *Prime Time* with Robert Pattinson is projected as the most commercially successful. Ultimately, the summer reflects a fragile, uneven recovery, where record revenues mask deeper structural issues in audience engagement, content quality, and economic sustainability. The show concludes with a critical assessment: the industry is not recovering, but merely adapting to a new, more volatile landscape.

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For valid August 27th through September 13th, 2026, base price for standard installations only excludes traffic master and stock carpet for licenses, see Home Depot.com/license-numbers. It is Tuesday, September 8th. Welcome back to everyone who spent these summer in the Hamptons or on the yacht, or floating in these sad little pool outside the apartment you share with three other assistants. Right now, we all know that this summer said a new record for domestic box office. The leader is grossed and estimated $4.76 billion from May 1st through Labor Day, according to rent track. That's 9% higher than the pre-COVID benchmark of 2019. But when there's a big but here, when you adjust for inflation, the picture isn't quite as rosy. Adjusted the 2019 total rises to $5.7 billion, putting this summer 17% below that year. In fact, higher ticket prices have masked a pretty steep decline in attendance. New York Times reported this weekend that from January 1st through August 16th, domestic theaters sold 568.4 million tickets. That's down 30% from the same period in 2019. They cited S&P Global Market Intelligence for that number. That's 248 million fewer buts and seats. The question I'm interested in is, does that actually matter? After all, theater ticket prices are increasing along with inflation. The average is now at $12.75 for a regular ticket in the U.S. And IMAX is charging about $20 a ticket. In fact, a big source of the revenue increases those premium, large format tickets. So we're going to get into the box office question with Lucas Shaw, our Monday guy. We also touched today on the federal production tax credit issue. We talked about last week. Lucas is a little less bullish than I am on that subject. The Emmys race ahead of the prime time show this week and it's a fresh start for 60 minutes and CBS news. But, does anyone in the real world actually care? What's going on? So it's a grab bag episode from the ringer and puck. I'm Matt Bellany and this is The Town. All right, we are here with Lucas Shaw from Bloomberg. Welcome back, Lucas. Excited to see you at Toronto this weekend. I think the first time I've been in a while, first time we will have seen each other there. What are your tips? Well, I'm going to see the Oscar movies. That's my whole game. Plus, go to as many after parties with the best finger foods as possible. But mostly catching up on the Oscar movies, which we're getting a better sense of. I'm doing a sit down with the head of search light, Matthew Greenfield, which hopefully you'll attend. I thought I was participating. You are. You are available, though, are you available? Yeah. We've talked about this. All right. You're confirming right now. You will also be there. Get your tickets now. I don't know what time or where, but I'll be there. It's noon on Saturday at the convention center. So come and see The Town Live with Matthew Greenfield and Lucas. So, but they're coming back early for the Emmys on Monday. Are you going to the Emmys? I am not. I have a wedding in Rhode Island in that weekend. So I sadly will miss the full weekend. But the best thing about the Emmys is you just get to see like 100 people over the course of a weekend, catch up, figure out who you want to then get lunch with or get drinks with or whatever it may be. Totally. I always come away with good story ideas, too. So it's a good one-stop shop for that kind of stuff. Interesting narratives of the Emmys this year, because we had the first two nights, they do the Emmys and three nights now. There are so many categories. But after the first two nights, the scorecard is Apple TV with 19 wins, HBO Max with 16 wins, Netflix only 13 wins, which is interesting given all of the churn and news articles about Netflix and the kind of malaise in their content over the past few months. This could be a very disappointing night for Netflix. Yeah, well, they have lost ground at the Emmys for a little while now, right? If you go back, they actually once got kind of beat HBO in terms of the number of nominations, they won Best Drama Series, I think once. The crown. Yeah, with the crown. They've been pretty consistent in competing for limited, but HBO has sort of, has sustained its advantage as the big winner for the most part, other than no one. Although last year they tied, last year they tied, but Netflix, but why the creative arts is interesting is I feel like Netflix wins a lot of the awards that are not during the broadcast. Totally. They stack that number. Netflix gets a lot of nominations across a lot of different shows and a lot of different categories. And that kind of inflates the number a little bit relative to the wins during the prime time show, to some extent, although they won the third most prime time last year behind HBO and Apple. So they look HBO Apple and Netflix are the kind of the three biggest players at this. I guess the question to me is less about Netflix because they don't have the same number of sort of high profile, like I think their most nominated show is beef. It is Apple going to take one of these categories away from HBO because I think going in, people assumed, oh, the pit and hacks will repeat. And it's looking like maybe Widow's Bay will beat hacks this year. And that will annoy Casey Bloyes to know and because of the whole Apple is the new HBO narrative. Yes. And Apple does win a lot more per capita for the shows that they have. And they are very keen to point that out. Remember HBO didn't win last year, Studio One, that was Apple for best series, for comedy series. So, hacks hasn't won in a couple of years and I think they are all expecting to win for the final season and of Widow's Bay beats them out, which I believe I predicted on this show a couple of weeks ago. That would be a big deal. So we shall see, we're not talking about the Emmys today. We're talking about other news topics, including the box office. I know we did an episode about this with Scott on Friday, but the final numbers came out this weekend. And it was pretty interesting to see the coverage because yes, it is a record showing for Hollywood. Yeah, but these records are bullshit. They are. So let's talk about the bullshit nature of these records because I've been saying this for years yet I am also part of the problem because I am too lazy to go in and put every number into the inflation meter to say, okay, if we're going to compare summer 2019 to summer 2026, you got to go to the website and type in that number and do the inflation math because if you do that math, it shows that box office this summer is down 17 percent from 2019, not the record that everybody has been trumpeting. The records are problematic for a lot of reasons. One, to your point is inflation, which is yes, but for whatever reason, it may be out of laziness. We never compare to inflation and because the industry does not want to account for inflation, of course not. But the data providers do not say, here's the number, here's the actual number and then here's the inflation adjusted number. But also, it struck me that they were sort of playing some games with the number of days in summer. Well, there's an extra week of summer this year because Labor Day falls later. So there you go. Right. So that's the only reason it was a record summer, which is not the concern that I have and that you're raising and that I and others have written about is that people will draw the wrong conclusion from this and say the business is back. This is what we were telling you all about. Everything is hunky-dory when the picture is just more complicated than that. You can both say it was a really good summer and the business is smaller than it used to be. Yeah. And people go to fewer movies than they used to. Yes. Look at how the box office was distributed this summer, it was arguably more top-heavy than ever. Even though we had five non-franchised movies, gross more than $100 million. So we had the Odyssey, Obsession, Michael, Backrooms, and Disclosure Day, all gross $100 million and more, yet the percentage of box office that came from two movies, the Odyssey and Spider-Man Brand New Day, don't say it. I know. You have both in the box office draft. We are no longer talking about the box office draft. It is dead to me. Didn't say any. See you in 2027. But the box office was so top-heavy on those three four big titles that it's like, isn't the comeback that everybody's saying it is? Or? where they're just a couple of super appealing titles. - But I just think that that's what the business is in a lot of ways, where you either are gonna have movies that are massive, massive hits, among the highest grossing movies ever, because once people wanna be part of something, it starts to get this momentum in culture where I was surprised I talked with my mom over the weekend and she went to see the Spider-Man movie 'cause I had told her, I was like, this one's actually pretty good. My mom does not go to see superhero movies, right? Or the Odyssey gets this momentum because everyone is talking about it and wants to see it in the right format. - Or obsession with young people. - But that means there's all these other big movies like Disclosure Day, like Mandalorian, like Supergirl, where the floor for those titles is just so much lower than it used to be, right? They will just be dead on arrival and nobody, once they get bad reviews and bad press about how poorly they're doing commercially, the bottom just falls out. And they gross 100 million, 200 million instead of being one of those that's four or five or it's like it's a disappointment, but it's okay. - Yeah, it's so interesting how much the financial performance of films has become part of the quality narrative these days. I mean, I'm old enough to remember when nobody knew how movies did. Literally, you had to look on page four of the LA Times on Tuesdays to see a tiny little box. - Sure, or you'd get the entertainment weekly box office report and yeah, on like page 75 or whatever it was. - Exactly, and now, Friday afternoon, we get those new numbers and they're all over social media and the movies are just DOA. - Yeah. But that speaks to this kind of FOMO aspect of movie going where if it's a thing, you kind of gotta see it now and in theaters and if it's not a thing, doesn't matter what the right and tomato score is, you don't have to see it. - Right, or you'll watch it when it's on Netflix or HBO Max or whatever it does. The other underrated aspect that is really pumping things up is that there were more wide releases this year. I mean, we had 40 movies that opened on at least 2000 screens this summer. Last summer, there were 34. So there you go, more movies, more box office. - Yes, but you would hope that that would be sustainable. I mean, we'll see what happens, obviously, with Paramount and all that stuff. But there's no reason people felt like there were not enough movies being released. And so if you get better results from releasing more movies, wouldn't this the lesson be? We should release 40 movies a summer instead of 34? - Yeah, that would be, but obviously, you wanna release the good ones, the popular ones. But my point is we talk a lot about the top 10 grocers and the movies that are driving the box office. But in reality, more swings equals more aggregate box office and even some of these movies that are quote unquote flops, like Mandalorian or Supergirl or Moana, that's still a few hundred million dollars that gets added to the total. So it's not a great business for the studio that's releasing the movie, but it's a decent number for the theaters, and they will take those flops. - Yeah, well, the theaters care about having volume and diversity of slate, right? - It's very bad for them if it's too top-heavy. They need to have it be distributed 'cause that's creating a habit and a reason for everyone to come in. - Yeah, I know, it'll be interesting to see what happens with this standoff that A24 is having. Did you see that a couple of the theater chains didn't play the recent Tony movie because A24 is demanding higher splits and they were just like, excuse me, you're not dizzy. We're not gonna play this game. We're okay if we don't play the Tony movie. - I mean, A24 has a strong brand, but I don't know that it's strong enough to push around a theater chain. - And this was a theater chain in Arizona, Harkins. So it's not gonna hurt them that much. It's not like it's New York City or LA theaters that overindexed with A24 movies, but that's definitely something to watch. The other narrative from the summer box office is the whole IMAX narrative. Because on the one hand, the fact that they are basking in the glory of the Odyssey and that one movie can generate more than $200 million in domestic ticket sales from IMAX, which is like 35% of the film's total domestic total. But, and they only had about 11% of the screens according to The New York Times, but there were a number of movies this year that were IMAX kind of plugged, that IMAX was going all in on, that flopped. Mandalorian being one of them. That was a big IMAX movie. They got the screens and it didn't work. So I feel like the Odyssey sort of papered over what was potentially not a great summer for IMAX. - Well, I don't know, the movie business is a business of hits and misses. I don't know that you could say. It was unequivocally a good summer for IMAX. That doesn't, the question would be, does that mean that IMAX is a great business, is super valuable that someone should come and that someone should come and pay a lot? Or is it dependent on having those two or three movies a year that people are really excited about, right? - I know, they need to sell now. - Between Odyssey and Dune, now's the time. - This would be the moment to do it. And, you know, before WandaVision. It's not WandaVision, it's called Infinity Vision. WandaVision was a show. - It's a TV show. - I know, I know, I know. (laughing) Or unless you're renaming it, WandaVision right now. That would actually-- - They should rename it. They should rename it WandaVision. Nobody wants an Infinity Vision. (laughing) I know, Infinity Vision is gonna come and take all their money. They might as well sell now. This episode is brought to you by SAP, waiting. It's one thing mid-sized businesses can't afford to do. When your biggest ideas are ready to launch, you need technology that's ready to. SAP Grow comes pre-configured to your industry standards with AI embedded at its core, so you can hit the ground running. Bring it with SAP Grow, AI Cloud ERP for any size business. - This episode is brought to you by Pomolive. Pomolive's most powerful formula removes up to 99.9% of grease, leaving your dishes sparkling clean and the new convenient pump makes cleaning even easier so you can spend less time tackling dishes and more time together. - Right now, when you buy more carpet at the Home Depot, you save more. Select from a wide assortment of carpet to fit your room, lifestyle and budget during the Buy More Save More event at the Home Depot. Offer valid August 27th through September 13th, 2026. Space price for standard installations only excludes traffic master and stock carpet for licensesseehomedepot.com/licensenumbers. - Give this summer a score. If you were grading this summer, is it an A plus? Is it an A minus? Is it a B plus? I think it's a solid egg. Yeah, I think it's probably an A. It's hard to be, I was debating A minus, but no, I think it's an A. But not an A plus. - We're a great inflation here. We're okay, we're an Ivy League school. Everybody gets an A. No, but this is a solid summer, but I agree that the attendance numbers overall still not great. Irreversible, frankly. - Agreed. All right, separate topic. I have a feeling, I'm gonna make a prediction here. I have a feeling you are not as bullish on the likelihood of a film production tax credit as I have been on this show. Even with the Donald Trump endorsement, even with a courted effort here. - So when you say bullish, that's because you believe it will happen. You believe it will happen by the end of the year. You believe timing is subject to the whim of politics, you know, the house isn't even voting very often until, or isn't even in session, very often until the midterms here. So I don't know about the timing, but I do think before the new Congress is seated, we could have something that is either voted on. - Well, that's before the end of the year. They're seated early next year. - Yeah, we could have something that's either voted on or about to be voted on or something like that. The point is this is now a bipartisan effort endorsed by the president. - Do you think this will happen? - I do with the caveat that there are still a decent number of kind of prominent industry figures that I speak with who remain skeptical. - And what are their skepticism's rooted in? - That there's not really a constituency for this bill. - What are you talking about? The head of the MPA said it's for all 50 states. It's going to lift all boats, employment for everybody. - Yeah, I just don't, I think there's a feeling, there's still a feeling that giving tax break to. Hollywood will be hard for a lot of I get the Trump coming out in favor makes it easier But will be hard not something that Republicans want to get behind You know, it's easy to say, you know, okay, you get you know tax breaks to movie stars Talks tax breaks to Hollywood fat cats, especially when you get into the particulars of Some of what is needed as as you and others have written about that it just won't be a priority and And and certainly when you know after the election and you have kind of a new Congress next year And I think most people assume that the Democrats will flip one of the houses If not both it gets even more complicated. I don't know that I don't even know that all the all the Democrats are are behind it No, I think though like you know some of the Bernie Sanders millionaires and billionaires crowd might not be into this But I do think that something will pass the question I have is what I wrote about in my Puck newsletter last week is that There are certain things that this bill does need to have to be effective and you know those include having you know full refundability Stacking on top of so the 20% if it's 20% is now on top of whatever is provided the above the line Credit because that's the reason that all of these productions go to the UK is that star salaries are subsidized And that is the toughest sell to any of these jurisdictions and why credits in places like California Don't have above the line subsidies because they don't want to explain to their constituents why they're subsidizing Tom Cruise But you got to have it to be effective when you say you're confident are you personally whipping votes are you yes, have you spoken to people to get a sense of like what where the votes lie? Or is it is it more just a sense if the president is voicing support and sort of shielding Republicans There that there will be enough people on both sides to want to make it happen because it is seen as a job creation bill Yes, I think it's both then I talked to Laura Friedman who is the congresswoman from Los Angeles that has been spearheading this and She's been doing this work for a year now trying to get consensus I know all the organizations have as well the MPA the film USA people that were on the show last week a lot of people have been doing the unions so there this has been a process and I do think that there are enough Republicans in some of these key areas like Georgia and Louisiana and New Jersey and places like that that would benefit significantly new Mexico that I do think that they at least feel they have This coalition, but again, I'm more worried about the contours of what it says because as we know in legislation you make compromises and if you have to make So many compromises to get this deal through Congress It ultimately becomes meaningless because it does it has no teeth. It's something that you know We'll be nice maybe to save a few productions, but it's not going to save the Marvel productions It's not going to save Harry Potter. It's not going to save any of these other productions that are getting above the line costs from the UK They are the enemy the UK is the enemy here and Canada. What about Eastern Europe? Eastern Europe exactly and we know that they're taking the seriously because according to my reporting These jurisdictions are calling their US consultants and lawyers asking about what's going on here and fearful and anxious about what could get past because they know the UK film industry is thriving right now not because the UK is producing more great movies It's because something like 80 80 something percent of the investment in the UK production Community right now is coming from America and they know that that's not that is a false hope because that could be taken away In a second if the US gets its act together, you are going to get your drink poison that the next bastard brunch You just declared the UK the enemy you're about to go to Canada you declared them the enemy or someone's going to punch you at this taping on Saturday I know we need to have a tea party at least it's so hard to know what will pass in Contemporary DC it just does not feel like a bill that would be a top priority for most of these folks who are up for election But obviously it'd be great for the industry if they if they got their act together last topic big 60 minutes from here this Sunday I know you are counting down the days until you can watch the new revamped Trump billionaire approved 60 minutes They put out a statement this morning about the new season. They did an interview with the New York Times talking about how they're making big Changes Nick built in the executive producer they got they're getting rid of the book you're no longer going to be seeing the book Flip open to reveal the stories which I kind of liked it was nice little throwback, but no Anderson Cooper No Scott Pelley a bunch of people we have never seen before What do you think the whole pitch from Barry Weiss and Nick built in had little to do with the broadcast that you see on CBS if my understanding was a lot of it is we need to modernize it and make it bigger make it more I mean maybe a little bit making the the core show appealing to young people, but also like leveraging online marketing and distribution in a way to build The audience there and so the goal with the primary show should be like Make it a little better, but don't fuck it up and like find ways to you know Clip effectively leverage leverage you to minstagram etc. And none of which is what I see them Talking about right now These sort of like modest tweaks to the show itself like Fine, well, they don't say modest they say Nick built in says that every aspect of the show is going to be different They're not doing walk-in talks anymore. They're not like the presentation of 60 minutes will be different and from my perspective Like take out the politics stuff and it's caused everybody to go nuts this is a prime example of Scrooing around with something that was working In the TV landscape 60 minutes is still the number one broadcast even though it was down slightly Last year it's still by far the number one broadcast and the ratings are mostly influenced by football in the afternoon. So like Why they haven't answered the question of why they are doing this Unless there's other things like increasing the digital footprint and things that we have not seen yet I just don't think you're suddenly gonna get a bunch of 20-year-olds to tune in To 60 minutes on Sunday evening, right? So your Sunday evening show You should just continue to satisfy the audience that you have and try to grow the digital audio or try to grow a young audience using other channels Yeah, although the one thing they have said they're gonna do which I support is have more Experts doing their stories the whole formula for 60 minutes has always been that you take These every man correspondence and you put them into these extraordinary situations or have them talk to powerful people It works most of the time, but there are some moments on 60 minutes where it gets cringey where you have Leslie Stahl Talking to Mark Zuckerberg or things where they're clearly just not savvy enough to Deliver and hopefully they will they will get more Experts doing these stories when I said modest earlier It was because if I understood Nick building's comments correctly There were sort of a series of minor or smaller changes that in aggregate would make the show feel Appreciably different, right? They're not completely reinventing what the show is or how it works There are just there are both visual and narrative aspects of it. They are changing And I guess the question will be are those things that will alienate The kind of existing audience, right? Which is kind of like 56 honestly like 65 plus viewers who stick around after football Or not and if it doesn't alienate then it'll probably continue to rate and maybe they'll make the show better Maybe they won't I don't know that it'll matter Tremendously either way, but to me the question is Kim can Barian Nick deliver on their promise to like make it more relevant to young people Which is not going to be accomplished with changes to the live television broadcast? Yeah, and they're doing a Rams segment So that'll be a nice you know tune in moment for football They're doing something on the one of the soldiers that was shot down over Iran So that's an exclusive they haven't announced the final Segment for this week. We'll see if it's about you know how Israel is winning the war in Gaza or something like that Then we'll know what's really up here. The exclusive BB Netanyahu interview featuring Barry White Exactly Last year's season premiere 10 million viewers over under for this year. What is the Sunday CBS game packers Vikings by the way Not about not a bad game That's tricky my my my my head says Under because all these things are shrinking maybe some lucky lose though Well, that's what I was gonna say what you don't this has become a thing That's the thing is that they they have so politicized all of this that random viewers of 60 minutes now know That a Trump billionaire has installed an idea log to run the show and that there will be changes So does that to do people tune out or do they tune in to see if it's different You think that the noise is loud enough that this has penetrated the kind of this is not just a media story, this is a. - I would, normally I would agree that this is only something the media talks about, but I do think this has permeated the culture. Like my parents know about this. And it's become something that I think 60 minutes is such a well-known property and it's permeated to the regular media that this has been taken over by the Ellisons. So I do think that people know about this. - And by people, you mean people over 60 years old, unless Alex Cooper is interviewing you unless young people aren't gonna watch it, I understand. But I think enough 60 minutes fans do know about this. I don't know whether they care, but they have heard about this. - See, I think a lot of this drama around it is gonna end up having limited impact on the viewership because it's just sort of like a loyal audience that tunes into 60 minutes and the only thing that'll change it is if they start to notice things change so dramatically that they don't like it. - So give me the over under, on 10 million. I'll go under. - I'll take the over. - Look, you lose. - Probably right. - All right, Lucas, thank you. - Thanks Matt. - All right, we are back with a call sheet, Craig. Are you sad now that we did not go to the Telluride Film Festival where we could have fast in the glory of the Nathan Fielder Elizabeth Holmes movie? - I have to say, I was intrigued. Nathan Fielder knows how to capture an audience. - He does know how to do a stunt better than everybody because this movie, if it had just had a normal rollout, documentary with Elizabeth Holmes, sure, interesting. But you do a surprise screening at the Telluride Film Festival and get all the awards, sick of fans in one room and they go completely nuts over the movie, which the reviewers say is very good. I can't wait to see it. But I think we need to hold our horses here and like not declare this movie best picture quite yet. - Well, the Fielder has his like true fans and I'm one of them, but yeah, I feel like it never usually goes full mainstream. There might be like a couple memes that hit, but his stuff is always a little bit more niche-sizing people thing. - Totally, and he couldn't even get Emmys. I mean, he got some nominations, but like it's not like his TV show, the rehearsal with this Emmy juggernaut and people are like declaring this thing, the first documentary that's gonna contend for best picture. It's like, okay, let's wait a little bit. But the interesting thing here is that's an A24 movie and it's turning out that A24 has like five big Oscar-style movies coming in the next like three months. So they have, you can see everything, which is the Nathan Fielder one that's coming in October. They've got prime time, the Robert Pattinson as Chris Hanson movie that I'm very excited to see. Hilariously Jeff Zucker, the former NBC head who's in the movie. He showed up in Venice. Chris Gardner at THR interviewed him on the carpet in Venice. I was like, what? What is going on? Why would Jeff Zucker go to a movie that he's in for 20 seconds, go to Venice? But I guess he wanted to bask in the limelight. They've got Misty Green, which is the Chris Rock directed movie that is premiering at Toronto and is supposed to be good. It's like a Hollywood satire. They've got Club Kid, which was the big breakout of Cannes, which is the Jordan Firstman movie. He's from I love LA. This is his big breakout that they paid a lot of money for at Cannes. And then they've got the debut, which is the Jesse Eisenberg movie with Paul Giamatti and Julianne Moore that got great reviews in Venice. So it's interesting here that they're going to have to choose amongst all of these different awards players. And I'm going to make a prediction here. I don't want to talk about the quality. I want to talk about the box office appeal here. What do you think is going to be the breakout hit? If you had to predict of these five movies, which is going to gross the most worldwide for a 24? - Man, I would probably say prime time with Pattinson. I would probably say prime time one, the debut at number two. - We have some tracking on it. It's at 12 million for opening weekend. It's coming out later this month. And I think that movie has a chance to catch on and get to maybe 50, maybe 60, but I don't think any of these other movies is going to do much business at all. I mean, Jesse Eisenberg's last movie, a real pain, it cost $8 million in this country, 25 million worldwide. And I know a 24 as higher hopes for that, but you could see everything at the end of the day. It's a documentary. Those movies do not tend to do very well. And Mr. Green, like Chris Rock, huge talent, but it's got an unknown in the starring role, not an unknown, but she's not Rosalind Eliezer. She is not a marquee name. And then you've got Club Kid, which is niche kind of art house movie. So a 24 for all of its box office aspirations, I think the best chance here is probably getting some Robert Pattinson love for prime time. - I agree. I think it's a combination of Pattinson being like the only younger bankable star in this slate, the movie seems to have a lot of buzz on line already. I know that doesn't always translate, but this type of like topic I think is sticky enough to get people to go to the theater to see it. - Yeah, my worry is that it becomes an internet thing, like where people on Twitter and social media love prime time, but then real audiences are like, why do I care about Chris Hanson? - That's usually the case. Usually the things that are popping on Twitter is not real life. - I know, and that'll be the problem with you can see everything. Also, I'm rooting for that one. I think Nathan Fielder's hilarious. He should come on the town. He really should. I would like to know everything about this movie, but he probably won't, because that is, he can't subvert us. He can't go on, like he went on CNN and had the Kairan call him a pilot. He can't do that on the town. - Right, you and Nathan would be an interesting, it's like an immovable object versus an unstoppable force. I would like to see who kind of beats the other one out. I will go on, I will have him on the town and then we'll just talk aviation safety for 30 minutes. - Sure, yeah, yeah, yeah. - All right, that's the show for today. I want to take my guests. Lucas Shaw, producer Craig Horoback, artist Jesse Lopez, and Stephanie Losanchez, and I want to thank you. We'll see you a couple more times this week. - Labor Day's savings are happening now at the Home Depot with select appliances starting at $399. Plus, save up to an extra $1,000 and get free delivery on appliance purchases of $998 or more. Get a whirlpool laundry tower featuring industry first UV clean technology designed to reduce bacteria in the wash without fading fabrics. Plus, with great prices at the Home Depot, you can save on select appliances designed to make laundry day easier. Shop Labor Day's savings at the Home Depot today. Offer valid august 27th through September 16th, do us only see store online for details. - The Viori Core Short moves with you. With everyday versatility and classic athletic fit, it's the one short for everything your day brings. - Invest in your happiness and get 20% off your first purchase at Viori.com/core20. That's V-U-O-R-I.com/K-O-R-E-2-0. Exclusions apply. Visit the website for full terms and conditions.

Podcast Summary

Key Points:

  1. The domestic box office recorded a record $4.76 billion in summer 2026, but when adjusted for inflation, it is actually 17% lower than 2019, indicating a declining audience and not a true recovery.
  2. The box office became more top-heavy, driven by a few major hits like *The Odyssey* and *Spider-Man: Brand New Day*, while many other films, including *Mandalorian* and *Supergirl*, underperformed or flopped, highlighting a shift toward high-risk, high-reward releases.
  3. The film industry faces structural challenges, including declining attendance, rising ticket prices, and a growing reliance on premium formats like IMAX—where one film generated over $200M in ticket sales on just 11% of screens—raising concerns about sustainability and true market health.

Summary:

This episode examines the complexities behind Hollywood’s record-breaking summer box office, revealing that the apparent success is misleading when adjusted for inflation. 76 billion, inflation-adjusted data shows a 17% decline compared to 2019, with attendance down 30%. The summer’s success is attributed to a few massive hits like *The Odyssey* and *Spider-Man*, rather than broad-based appeal, leading to a highly concentrated box office.

Many other films failed to resonate, demonstrating a shift toward high-risk, high-reward releases. The rise of IMAX, while profitable for one film, does not signal a sustainable model, especially as flops like *Mandalorian* underperformed despite IMAX screenings. The episode also explores industry trends, including the political uncertainty around film tax credits, the commercial viability of A24’s diverse slate, and the controversial overhaul of *60 Minutes*.

While A24’s five Oscar-contending films are generating buzz, *Prime Time* with Robert Pattinson is projected as the most commercially successful. Ultimately, the summer reflects a fragile, uneven recovery, where record revenues mask deeper structural issues in audience engagement, content quality, and economic sustainability. The show concludes with a critical assessment: the industry is not recovering, but merely adapting to a new, more volatile landscape.

FAQs

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Home Depot is offering 'Buy More Save More' deals on carpet installations, with up to 15% off and installation starting at 49 cents per square foot. Additional savings include up to $1,000 off appliances with free delivery on purchases of $998 or more.

No, when adjusted for inflation, the 2026 summer box office is actually down 17% compared to 2019. The record figures are misleading due to rising ticket prices and a significant drop in movie attendance.

The box office is more top-heavy, with a few major hits dominating revenue. Attendance has declined 30% since 2019, and many films, especially those with lower marketing, have failed to meet expectations.

The bill has bipartisan support and is seen as a job creation measure, with backing from key states like Georgia and Louisiana. However, success depends on including full refundability and stacking credits, which are essential for real industry impact.

The new season features major changes, including new presenters and a shift in format, with a focus on digital engagement. However, it may not significantly attract younger viewers, as the core audience remains loyal to the show’s established style.

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