šŸŽ¬ They're Back!

Skydance and Paramount Talk Merger Once Again, Fubo Streams Olympics, Amazon and Netflix Drive Show Orders, and MORE!

šŸ‘‹ Good morning! A showdown is brewing that rivals last yearā€™s ā€˜Barbenheimerā€™ frenzy. Earlier this week, Universal Pictures announced that ā€˜Wickedā€™ will now hit theaters on November 22ā€”the same day as Ridley Scottā€™s highly anticipated sequel, ā€˜Gladiator II.ā€™ The memes are already flying, with fans trying to coin the next big portmanteau.

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

šŸŽž Hereā€™s whatā€™s on the reel today:
  • Skydance and Sheri Redstone Reach Tentative Deal

  • Netflix and Amazon Binge-order Shows

  • Fubo Streams the Olympics

  • Last Looks: šŸ‘€ Bite-sized scoops on developing stories/projects

  • Video Village: The latest trailers

  • Martini Shot šŸø

šŸŽ¬šŸ’¼ Skydance Media and Shari Redstone's National Amusements Inc. have quietly renewed acquisition talks and reached a tentative agreement to acquire Paramount Global. This plot twist comes just weeks after their previous deal fell apart. Here's the lowdown: The deal, now heading to Paramount's special committee for review, includes a 45-day window for Paramount and NAI to shop around for better offers. This clever move might sidestep the need for a common shareholder vote, a sticking point that previously derailed talks. The exact terms aren't clear, but the previous deal was worth a cool $6B. In the 24 hours before this Skydance bombshell dropped, the rumor mill was churning out subplots:

  • Barry Diller's IAC was reportedly eyeing a run at NAI. Fun fact: Diller ran Paramount back in the '80s.

  • Whispers circulated of a $1.6B sale of BET to a group led by BET exec Scott Mills.

  • Warner Bros. Discovery was reportedly exploring a possible streaming partnership with Paramount+.

So, will these side stories fizzle out now that Skydance is back in the picture? It's too early to tell, but one thing's for sure ā€“ this corporate soap opera is far from over.

šŸæšŸ“ŗ While Hollywoodā€™s been nursing a post-strike hangover, Netflix and Amazon have been binge-ordering new TV shows. These streaming giants have been green-lighting shows faster than you can say "skip intro," with Netflix having its busiest quarter since 2022 and Amazon not far behind. Together, they're now responsible for a solid 53% of new scripted series among major studios. Theyā€™re going global tooā€”Netflix is hitting up Britain, Germany, Spain, and South Korea, while Amazonā€™s all-in on India. Even domestically, theyā€™re boosting orders, outpacing cautious competitors still trimming budgets. More binge-worthy shows for you, and a wake-up call for sleepy competitors.

ā€œWe were in this post-strike environment where things were still a little uncertain. Netflix and Amazon are really the first movers here. [ā€¦] It will be interesting if we see a little more movement from the major studios, which I think we will fairly shortly.ā€

Alice Thorpe, a research manager at Ampere

šŸ…šŸ“ŗ Fubo is joining forces with NBCUniversal to stream the 2024 Paris Olympics. The streamer plans to give subscribers a front-row seat to all the action without extra fees. Fuboā€™s flexing its sports muscles even as itā€™s locked in a legal cage match with Fox, Warner Bros., and Disney over their Venu sports venture. Starting July 24, couch athletes can binge on 5,000+ hours of Olympic action from gymnastics to judo, across NBCā€™s linear networks and digital platforms. While Fuboā€™s stock isnā€™t exactly podium-worthy at $1.31, this deal could be the boost it needs. It not only amps up Fuboā€™s sports cred but also shows that despite industry squabbles, theyā€™re committed to keeping their subscribers glued to the screen.

Need a gritty crime drama to kickstart your summer? Look no further.

Jeremy Renner is back as Mike McLusky in Taylor Sheridan and Antoine Fuqua's 'Mayor of Kingstown'. As a drug war tears through the city, McLusky faces off against the Russian mob and a dangerous ghost from his past.

šŸ‘‰ Start your free Paramount+ trial today to watch Season 3 NOW. šŸ‘€

Development šŸ—’ļø

  • Richard Gere joins Michael Fassbender and Jeffrey Wright in Showtimeā€™s espionage thriller series ā€˜The Agency.ā€™ (more)

  • Netflix acquires the crime thriller ā€˜RIP,ā€™ starring Matt Damon and Ben Affleck, directed by Joe Carnahan. (more)

  • Magnolia Pictures acquires U.S. rights to sci-fi film ā€˜Omni Loop,ā€™ starring Mary-Louise Parker and Ayo Edebiri. (more)

  • Amazon lands a docuseries and a scripted series about the 2022 University of Idaho murders. (more)

  • Daniel BrĆ¼hl will direct Felix Kammerer in ā€˜Break,ā€™ a biopic about Nazi-era tennis star Gottfried von Cramm, reuniting the ā€˜All Quiet on the Western Frontā€™ team. (more)

  • Lionsgate and 87Eleven Entertainment are developing an English-language remake of the upcoming Indian action film ā€˜Kill.ā€™ (more)

  • Laci Mosley and ABC News Studios are adapting her ā€˜Scam Goddessā€™ podcast into a non-fiction TV series, with Mosley as the host. (more)

  • ā€˜3 Body Problemā€™ breakout star Zine Tseng joins Hero Fiennes Tiffin in Prime Videoā€™s ā€˜Young Sherlock,ā€™ directed by Guy Ritchie. (more)

  • Patrick Brammall will star as a police detective in Apple TV+ā€˜s thriller series ā€˜The Dispatcher,ā€™ based on Ryan David Jahnā€™s book. (more)

  • Jeremy Irons joins the cast of ā€˜The Morning Showā€™ S4. (more)

  • Lionsgate sets an Aug. 30 release for Ray Liottaā€™s final film ā€˜1992,ā€™ with Snoop Dogg joining as executive producer. (more)

  • Julianne Moore, Milly Alcock, Meghann Fahy, Kevin Bacon, and Glenn Howerton will star in the Netflix limited series ā€˜Sirens,ā€™ a dark comedy executive produced by Margot Robbieā€™s LuckyChap. (more here and here)

  • Lionsgateā€™s ā€˜Now You See Me 3ā€™ is set to release in theaters on Nov. 14, 2025, reuniting the original cast and introducing new magicians. (more)

    Business šŸ¤

  • Imagine Entertainment partners Brian Grazer and Ron Howard have enlisted JP Morgan to explore a possible sale or merger of their company. (more)

  • Bankrupt Chicken Soup for the Soul Entertainment replaces CEO Bill Rouhana with Bart Schwartz and installs a new board of directors. (more)

  • Candle Media restructures by folding animation into Moonbug and rebranding its live-action division as Candle Studios. (more)

  • Miramax appoints Kirby Adams as Head of Physical Production, overseeing all film and TV production management. (more)

Other News šŸšØ

  • Kerasotes Theaters, a 115-year-old family-run chain, has closed its remaining locations, ending a legacy that began in 1909. (more)

  • The Berlin Film Festival introduces a new competitive section, Perspectives, for international debut films, replacing the Encounters strand. (more)

  • PBS Documentaries launches a subscription channel on Amazon Prime Video in Canada, offering around 1,000 films for CAN$5.99 a month. (more)

  • Blumhouse Games reveals a diverse slate of horror titles, including cozy and intense games, aiming to appeal to a wide range of gamers. (more)

And... that's a wrap! If you're reading this email because a friend hooked you up, don't fretā€”just hit that subscribe button and join the party. šŸ“§ šŸ‘‡

See you bright and early on Friday.

-The Dailies Team

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