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- š¬ Lights, Cannes, Action! š«š·
š¬ Lights, Cannes, Action! š«š·
Cannes Kicks Off, Box Office Calm Before the Storm, MUBI's $1B Valuation, and MORE!

š Good morning! The trailer voiceover guy just cleared his throat for the first time since 2005. Last week's āMaterialistsā trailer featuring Dakota Johnson, Pedro Pascal, and Chris Evans brought back the nostalgic narration we havenāt heard in ages. Social media quickly lit up with nostalgic delight, with one user declaring "voiceover trailer guy employed again... we are so back." Don Lafontaine must be smiling somewhere as Celine Song's upcoming film resurrects the golden era when every trailer began with "In a world..."
Welcome aboard The Dailies. Grab your coffee and let us catch you up on the latest industry news. Forwarded this email? Sign up here. Your industry savvy will increase by a scientifically unverifiable 84%.
š Hereās whatās on the reel today:
Box Office Breakdown
Cannes Begins
MUBIās $1B Valuation
WGA Faces Internal Division
New York Turbocharges Tax Incentives
Last Looks: š Bite-sized scoops on developing stories/projects
Video Village: The latest trailers
Martini Shot šø
But first, letās take a look at what happened at the box office this past weekend!
BOX OFFICE BREAKDOWN
šļø A calm before the summer stormā¦

Marvelās āThunderbolts*ā
š¦¹āāļø Thunderbolts*: (Wk 2) $33.1M domestic weekend (-55%), $128.5M domestic total, $272.2M global. Holds remarkably well with the best second-weekend retention for an MCU title since pre-pandemic days.
š§ Sinners: (Wk 4) $21.1M domestic weekend (-36%), $214.9M domestic total, $283.3M global. Coogler's vampire thriller joins the $200M club with yet another stellar hold.
š A Minecraft Movie: (Wk 6) $8M domestic weekend (-42%), $409M domestic total, $909.6M global. Warner's blockbuster inches closer to the coveted $1B milestone, becoming 2025's potential first member of the billion-dollar club.
šØāš¼ The Accountant 2: (Wk 3) $6.1M domestic weekend (-36%), $50.9M domestic total, $71M global. Affleck's action sequel keeps tallying steady numbers with adult audiences despite its hefty $80M ledger.
𤔠Clown in a Cornfield: š $3.7M domestic opening. IFC's micro-budget slasher ($1M production cost) delivers historic returns, becoming the distributor's biggest opening ever and instantly proving profitable despite that telltale horror movie C+ CinemaScore.
š® Until Dawn: (Wk 3) $2M domestic weekend (-46%), $18M domestic total. Sony's video game adaptation continues fading.
āļø Fight or Flight: š $2M domestic opening. Hartnett's airplane thriller struggles despite favorable critical reception (78% on Rotten Tomatoes).
š« Shadow Force: š $2M domestic opening. Kerry Washington and Omar Sy's $40M action flick becomes summer's first certified box office bomb.
šµļø The Amateur: (Wk 5) $1.1M domestic weekend (-42%), $38.95M domestic total. Espionage thriller hangs in the top 10.
āļø The King of Kings: (Wk 5) $680K domestic weekend (-60%), $59M domestic total. Angel Studios' faith-based epic continues its steady descent.
The Big Picture: The weekend box office totaled an estimated $86.7M, down 10% from the same frame last year. With no major new releases, this was the calm before the storm as theaters prep for a Memorial Day onslaught with āFinal Destination: Bloodlinesā next weekend followed by the one-two punch of āMission: Impossible ā The Final Reckoningā and āLilo & Stitch.ā
CLOSEUP
š«š· Cannes season begins anew tomorrowā¦

The French Riviera transforms once again into the epicenter of global cinema as the 78th Cannes Film Festival begins tomorrow and runs until May 24. Cinema's most prestigious gathering will draw over 200,000 industry figures and fans to the Mediterranean coast, with a notably buoyant mood compared to recent years. Jury president Juliette Binoche leads an impressive panel including Halle Berry and Korean filmmaker Hong Sang-soo.
Awards season kickoff?
With Cannes now a key launchpad for Oscar contenders (last year's Palme d'Or winner āAnoraā went all the way to Best Picture), all eyes are on these potential awards vehicles:
'Die, My Love' ā Lynne Ramsay returns with Jennifer Lawrence in a portrait of postpartum depression
'Eddington' ā Ari Aster's Western epic starring Joaquin Phoenix, Pedro Pascal, and Emma Stone
'Alpha' ā Julia Ducournau's mysterious follow-up to her Palme-winning 'Titane'
'The Phoenician Scheme' ā Wes Anderson's latest star-studded film with Benicio Del Toro
'Nouvelle Vague' ā Richard Linklater's nostalgic dive into French New Wave cinema
A striking trend this year: actors directing their first features, with debuts from Kristen Stewart ('The Chronology of Water'), Scarlett Johansson ('Eleanor the Great'), and Harris Dickinson ('Urchin').
This year's lineup also showcases cinema's borderless future, featuring the first Nigerian film in official selection ('My Father's Shadow') alongside works from Iranian and Ukrainian filmmakers. The era of "foreign films" as a niche is overāCannes now reflects an industry where great storytelling transcends borders.
MarchĆ© madnessā¦
The MarchƩ du Film kicks off in parallel with the festival, and streaming giants are already making waves (Apple paid ~$40M for 'Tenzing,' Netflix $34M for 'Monsanto'), while specialty distributors exercise cautious optimism.
This year's market will serve as a key test of whether President Trump's recent tariff threat creates uncertainty in both directions: international buyers hesitating on American projects and U.S. distributors uncertain about acquiring foreign films that could face new import taxes.
As always weāll keep you updated with details, deals, and standing ovations.
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WIDESHOT
š¬ MUBI, WGA, and New Yorkā¦

šø Your pretentious movie-loving friend was right all alongāMUBI is worth $1B. MUBI, the streaming service thatās home to art films and international cinema, is in final stages of raising $100M led by Sequoia Capital at a $1B valuation. Why is this potential investment a big deal? It's a massive vote of confidence that investors now believe a business solely focused on arthouse and indie films (historically seen as financial kryptonite) can actually work at scale. Until recently, MUBI was relatively unknown in the global distribution space, but now it's emerging as a legitimate counterweight to Netflix's theater-bypassing strategy. The platform charges film buffs $15-$20 monthly and now plans to release up to 20 films in theaters annually. Their model already has a compelling test caseāafter Universal dropped āThe Substanceā over creative disputes with its director, MUBI swooped in for $12M and watched it gross $80M worldwide while earning five Oscar noms. The capital from this deal will fund more boundary-pushing productions that major studios typically avoid.
š³ļø A guild divided cannot stand... or can it? Last week, the Writers Guild of America held a vote on whether to uphold punishments against writers accused of breaking rules during the 2023 strike. Writer Julie Bush's caseāsending a script to a company that promised to become a signatory but later backed out without paying herāpassed by just 59 votes (745-686). Three other cases showed similarly tight margins, with one punishment overturned entirely. This near 50-50 split marks a dramatic departure from typical guild votes, which usually pass with 90%+ consensus. With 2026 negotiations approaching and writer employment still down 42% from pre-strike levels, some industry insiders see this divide as a warning sign for WGA leadership. The question now: Can leadership mend these cracks before they need to rally the troops for potentially fierce contract talks, or is this just a temporary disagreement over internal discipline with no real impact on the guildās legendary solidarity?
š½ New York just turbocharged its bid for Hollywood's business. Governor Hochul signed legislation late last week expanding the state's film incentives to $800M annuallyāa 14% increase that signals the latest escalation in America's production subsidy wars. The package, locked in until 2036, sets aside $100M specifically for indie projects that big studios donāt control, giving the little guys a fighting change in todayās cutthroat landscape. This comes as California scrambles to double its own program from $330M to $750M per year. Together, that's $1.55B between just two statesānumbers that would've seemed absurd a decade ago. And the battle for film dollars is going national: Governor Newsom reportedly pitched a $7.5B federal incentive plan while Trump's team floats tariffs on foreign productions. What started as states trying to poach each other's business has exploded into a full-blown national strategy with serious cash on the line.
LAST LOOKS
Film Development šļø
The āGodzilla x Kongā sequel has been titled āSupernova,ā with production now underway and a release set for March 2027. (more)
Republic Pictures has acquired international rights to Tim Robinson and Paul Ruddās comedy āFriendship,ā ahead of its A24 U.S. release. (more)
Hannah Einbinder and Gillian Anderson will lead Jane Schoenbrunās horror film āTeenage Sex and Death at Camp Miasmaā for Mubi and Plan B. (more)
Cannes Market š«š·
āStranger Thingsā star Dacre Montgomery will make his directorial debut with psychological drama āThe Engagement Party.ā (more)
Aaron Eckhart will star in Angel Studiosā faith-based thriller āThe Old Man in the Dunes,ā set to begin filming later this year and selling at Cannes. (more)
Mikey Madison and Kirsten Dunst will star in āReptilia,ā a mermaid thriller from Alejandro Landes EchavarrĆa, set to launch sales at Cannes. (more)
A $100M Donald Trump biopic is in the works from āFerrariā producer Andrea Iervolino. (more)
Scarlett Johansson and Miles Teller will star alongside Adam Driver in James Grayās crime drama āPaper Tiger.ā (more)
A24 has acquired worldwide rights to Dev Patelās medieval revenge thriller āThe Peasantā in a $30M deal ahead of the Cannes market. (more)
Magnolia Pictures has picked up U.S. rights to āThe Carpenterās Sonā, starring Nicolas Cage, FKA Twigs, and Noah Jupe. (more)
TV Development šŗ
āRivalsā has begun filming S2 with an expanded 12-episode order, after its record-breaking debut on Disney+ UK. (more)
Edgar RamĆrez will star in and executive produce a Hulu drama pilot from Onyx Collective. (more)
Josh Charles will star in āBest Medicine,ā Foxās 2025-26 adaptation of British hit āDoc Martinā. (more)
Peacock has ordered āTed: The Animated Series,ā with Seth MacFarlane and Mark Wahlberg returning to voice their original roles. (more)
Business š¤
Other News šØ
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VIDEO VILLAGE
šŗ Latest trailers
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See you back here bright and early on Wednesday!
-The Dailies Team
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