🎬 The Offer

👋 Good morning! The next Avengers movie might just feature a staggering 60+ MCU characters reprising their roles. And guess who’s at the top of the director wishlist? Shawn Levy, the mastermind behind Deadpool & Wolverine, which is already tracking to save the summer box office.

Welcome aboard the Dailies. As you sip your morning brew, we’ll get you caught up with the fast-paced world of Hollywood - no need to chase down a newsstand, we’ve got everything you need right here.

🎞 Here’s what’s on the reel today:

• Paramount Update

• Nielsen Joins Forces with Lionsgate

• New York’s AI Crackdown

• Last Looks: 👀 Bite-sized scoops on developing stories/projects

• Video Village: The latest trailers

• Martini Shot 🍸

The Offer
Paramount Update

Paramount Global’s ongoing saga continues: Yesterday, the studio’s new co-CEOs—Brian Robbins, George Cheeks, and Chris McCarthy—postponed an employee town hall to June 25 as Shari Redstone reviews a tempting takeover offer from Skydance Media, led by David Ellison.

The Offer on the Table:

• Skydance is offering $15 per share to the non-voting Class B shareholders.

• They plan to add $1.5B to Paramount to help pay off some of its debt.

• Skydance’s total offer is about $7.9 billion to buy most of the voting Class A shares and 60% of the non-voting Class B shares.

• Decision Time: Shari Redstone, who has the biggest voting power at Paramount, is deciding if this is the best deal.

Delayed Town Hall, But Why? The co-CEOs want to address the potential merger candidly. They’re hoping there will be more clarity by the 25th, allowing them to address it better.

The three were initially set to discuss their vision with employees. Presumably, their plan would only be relevant if Redstone decides against the Skydance deal and other offers fall through.

Shari Redstone’s Dilemma: While Skydance offers a clear path with a significant cash injection and debt reduction, Redstone was reportedly unhappy with Skydance’s latest revised offer. Redstone must decide whether to accept Skydance’s detailed plan, explore other offers further, or continue with Paramount’s current strategy under its new leadership structure. Her hesitation fuels speculation about the next move.

Why Skydance Over Sony? Many creatives prefer Skydance over Sony for a simple reason: independence.

• Under Skydance, Paramount would remain its own studio, continuing its diverse slate of film and TV productions.

• A Sony merger, on the other hand, might fold Paramount’s operations into Sony’s, potentially reducing opportunities for content creators.

• Writers and producers fear this consolidation could stifle creativity and reduce the number of studios needing new content.

For now, all eyes are on the next shareholder meeting and the rescheduled town hall.

Nielsen and Lionsgate are joining forces to bring Nielsen's audience measurement to Lionsgate's MovieSphere FAST channel. This collab marks the first time a major FAST channel (free ad-supported streaming TV) will have its audience measured with Nielsen’s linear TV metrics. Lionsgate aims to take advantage of the surging popularity of FAST, gaining detailed demographic insights to fine-tune their content and ad strategies. This could also be a game-changer for live sports streaming: Tons of commercial spots go unsold and miss out on viewers, partly because Nielsen’s been a bit slow to adapt to the streaming era. This partnership could be a solid first step to unlocking better ad placement and measurement across the streaming universe.

New York is stepping up with three new AI-related bills. The bills aim to: establish contract requirements for digital replicas, deny tax credits to films replacing human workers with AI, and impose fines on ads that don’t disclose synthetic media use. This legislative crackdown reflects New York’s proactive stance on AI in Hollywood, and comes hot on the heels of Scarlett Johansson's beef with OpenAI, claiming they straight-up stole her voice for a chatbot. Insiders are saying the digital replica bill has a pretty good shot at landing on Governor Kathy Hochul's desk. We’ll keep you posted as these bills make their way through the legislative gauntlet.

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Development 🗒️

• ‘American Gladiators’ is set for a reboot at Prime Video. (more)

• Neon will release Sean Baker’s Palme d’Or-winning comedy ‘Anora’ in theaters starting October 18, positioning it for awards season. (more)

• Netflix officially greenlights a ‘Peaky Blinders’ movie starring and produced by Cillian Murphy, directed by Tom Harper with a script by Steven Knight, set to start production later this year. (more)

• Sarah Snook will star in and executive produce Peacock’s new thriller series ‘All Her Fault,’ based on Andrea Mara’s novel. (more)

• Greig Fraser will shoot ‘Project Hail Mary,’ starring Ryan Gosling and directed by Lord and Miller, starting production in London. (more)

• Josh Brolin and Thomas Haden Church join the cast of ‘Wake Up Dead Man: A Knives Out Mystery.’

• The CW picks up the fourth season of biblical drama ‘The Chosen,’ continuing its U.S. broadcast partnership. (more)

• Scott Derrickson and C. Robert Cargill sign a first-look deal with Screen Gems to produce feature films under their Crooked Highway banner. (more)

• Alec and Hilaria Baldwin will star in a new TLC reality series ‘The Baldwins,’ airing in 2025, showcasing their life with seven children. (more)

• Michael Stuhlbarg joins Julia Roberts in Luca Guadagnino’s upcoming Amazon MGM thriller ‘After the Hunt,’ set to start production this summer. (more)

• Richard Linklater is developing ‘Blue Moon,’ a film about the famous songwriting duo Richard Rodgers and Lorenz Hart and their eventual split. (more)

• Vertical acquires North American rights to supernatural horror film ‘The Damned,’ set for release later this year after its Tribeca premiere. (more)

• Pierce Brosnan, Mark Hamill, and Ben Kingsley join the voice cast of the faith-based animated film ‘The King of Kings,’ featuring Oscar Isaac as Jesus Christ, aiming for an Easter 2025 release. (more)

• Lionsgate UK acquires Ian McKellen thriller ‘The Critic.’ (more)

• Elle Fanning is in talks to star in Dan Trachtenberg’s standalone ‘Predator’ film ‘Badlands’ from 20th Century Studios. (more)

✅ Renewed & Cancelled ❌

• ‘All American’ is renewed for S7 by the CW. (more)

• ‘Penn & Teller: Fool Us’ is renewed for S11 at the CW. (more)

Business 🤝

• AMC Theatres shares jumped 23% after meme stock investor Roaring Kitty revealed a $116M stake in GameStop. (more)

• Disney has spent £3.5B ($4.5B) on UK production since 2019, emphasizing its long-term commitment to the region. (more)

Other News 🚨

• Max hikes its ad-free subscription prices. (more)

• Disney, WBD, and Fox face increased congressional scrutiny after recent talks about the Venu Sports bundle failed to satisfy concerns. (more)

• Millie Bobby Brown’s ‘Damsel’ is now the 8th most-watched Netflix movie of all time. (more)

• Netflix announces 14 new video games expanding their gaming portfolio for subscribers. (more)

• MSNBC launches ‘MSNBC Premium’ on Apple, offering ad-free podcasts and early access to content. (more)