🎬 First Time in 75 Years

👋 Good morning! The Tribeca Festival is wrapping up, and Nicholas Colia’s ‘Griffin in Summer’ has swept the narrative feature categories, winning Best U.S. Film, Best Screenplay, and a special jury mention for new narrative director. Check out the other winners here. 👈👀

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.

📣 Our IMDb giveaway is ending this coming Monday and a winner will be chosen Monday morning. Scroll down to find details to get your entries in!

🎞 Here’s what’s on the reel today:

• Sony Buys Alamo Drafthouse Cinema

• Tubi Steals the Spotlight

• Emmys Slim Down

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

• Release Radar: What to watch this weekend

• Video Village 📀

• Martini Shot 🍸

But first, it’s Friday, so let’s take a look at what people were watching this week… 👀

TOP STREAMED THIS WEEK IN THE US

🍿🤝 Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema. This marks the first time in over 75 years a major studio owns a theater chain, breaking the long-standing Paramount Consent Decrees, which were put in place back in 1948 to prevent studio monopolies. While Amazon and Netflix have previously dipped their toes in the theater game by acquiring individual venues like the ArcLight and the Egyptian Theatre, Sony is the first traditional major studio to make such a power play post-2020. This acquisition could signal a new era of studio-owned theaters, promising curated movie experiences, exclusive releases, and a revitalized push for that in-person movie magic we all crave. But don't worry, Alamo Drafthouse fans—your beloved theater chain, known for its unique approach and strict no-talking policies, will continue to operate under CEO Michael Kustermann as part of the new Sony Pictures Experiences division.

📺📈 Tubi is emerging as the go-to for budget-savvy viewers. With subscription prices for Netflix, Disney+, Max, and Peacock climbing, consumers are flocking to Tubi, Fox Corp’s free, ad-supported platform. Nielsen data reveals Tubi’s May viewership hit a record 1M viewers (that’s the average number of people watching at any given time), leaving Disney+ in the dust and crushing competitors like Peacock and Paramount+. Despite a sluggish ad market that's got other platforms feeling like a sad trombone, Tubi's third-quarter revenue surged a jaw-dropping 22%. How, you ask? Tubi’s diverse content and original programming are capturing the hearts (and eyeballs) of younger audiences. In the era of streamflation, it seems like viewers are leaning away from pricey subscriptions and saying hello to affordable, ad-supported options like Tubi.

🏆📉 The Emmys are slimming down this year. Comedy and drama series submissions have dropped almost 40%. Thanks to production slowdowns and last year's strikes, the number of shows vying for those coveted statuettes has taken a nosedive. This means fewer acting nominations—down by over 40% in some categories. Even the ‘Outstanding Scripted Variety Series’ category, home to heavy hitters like ‘SNL’ and ‘Last Week Tonight,’ has vanished from the ballot into thin air. Poof! Gone. Finito. On the bright side, live and pre-recorded variety specials saw a slight uptick. Overall, the number of program submissions has plummeted by a whopping 27%. So, when nominations are announced on July 17, expect the Emmy race to be tighter than a pair of skinny jeans after Thanksgiving dinner.

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Development 🗒️

• An ‘Adventure Time’ movie is in the works. (more)

• Grace Van Patten replaces Margaret Qualley as the lead in Hulu’s untitled Amanda Knox limited series. (more)

• Emma Roberts will star in and produce the showbiz thriller ‘Fourth Wall’ with Stampede Ventures, directed by Alexis Ostrander. (more)

• Jimmy Fallon renews his deal with NBCUniversal to continue hosting ‘The Tonight Show’ through 2028. (more)

• Christina Ricci and Hamish Linklater will star in the true crime series ‘Chop Shop,’ set in the 1980s San Fernando Valley funeral business. (more)

• Nicole Kidman has confirmed she and Sandra Bullock will reprise their roles in the sequel to the 1998 film ‘Practical Magic.’ (more)

• Emily Blunt is in early talks to star in Steven Spielberg’s next summer tentpole film at Universal and Amblin. (more)

• Hunter Schafer joins Michelle Yeoh in the Prime Video series ‘Blade Runner 2099,’ an expansion of the sci-fi franchise. (more)

• Todd Haynes will write and direct the HBO limited series ‘Trust,’ starring and executive produced by Kate Winslet. (more)

• Robert Pattinson and ‘Smile’ director Parker Finn are teaming up for a remake of the 1981 horror film ‘Possession,’ sparking a bidding war among major studios. (more)

• Marvel’s ‘Blade’ reboot loses its second director, Yann Demange, amid ongoing production delays. (more)

• ‘Jurassic World’ writer Derek Connolly will pen the script for Paramount’s upcoming ‘Transformers’ and ‘G.I. Joe’ crossover movie, with Chris Hemsworth in talks to star. (more)

• Director Cameron Van Hoy’s new drama ‘The Prince,’ inspired by Hunter Biden’s addiction struggles, stars Scott Haze, Nicolas Cage, J.K. Simmons, Giancarlo Esposito, and Andy Garcia. (more)

• USA Network orders ‘The Rainmaker’ series, marking its first new scripted series in years, based on John Grisham’s novel. (more)

• Lee Cronin will direct and write a new horror film for Atomic Monster, Blumhouse, and New Line. (more)

✅ Renewed & Canceled ❌

• ‘House of the Dragon’ is renewed for S3 at HBO. (more)

• ‘My Dad the Bounty Hunter’ is cancelled at Netflix. (more)

Business 🤝

• Maya Rudolph’s new production company, Banana Split Projects, has signed a multi-year first-look deal with Apple TV+. (more)

• IndyCar announces a move to Fox Sports, which will air all 17 events including the Indianapolis 500 after 16 years on NBC. (more)

• Dwayne Johnson and Dany Garcia’s Seven Bucks Productions has inked a first-look deal with Disney. (more)

Other News 🚨

• A new study finds that streaming bundles lower consumer intent to cancel subscriptions by 16%. (more)

• USC’s School of Dramatic Arts announced that its MFA programs in acting and dramatic writing will be tuition-free starting in the 2024-25 academic year. (more)

• The feud between Florida Governor Ron DeSantis and Disney ends with a 15-year agreement allowing $17B in Disney World expansion. (more)

• Amazon and the NHL are launching a new series, ‘NHL Coast to Coast,’ featuring highlights and analysis on Thursday nights in Canada. (more)

What to watch this weekend? 👀

🎥 THEATRICAL

• Inside Out 2: Sequel to Pixar’s beloved coming-of-age film, expected to open big with a weekend range of $85 – $115M. Strong pre-sales and minimal competition position it to potentially become the first $100M opener of 2024.

• Treasure: Lena Dunham and Stephen Fry’s new tragicomedy.

• Tuesday: A24’s fantasy drama film starring Julia Louis-Dreyfus gets a wide release this weekend.

📺 STREAMING

• Presumed Innocent: (Apple TV+) Legal thriller miniseries starring Jake Gyllenhaal.

• The Boys: (Prime Video) S4 of the satirical superhero TV series.

• Brats: (Hulu) Doc on the Brat Pack.