From KCRW, I'm Kim Masters, and this is the business.

It's the one you've been waiting for, the 2025 mega banter.

Bantor buddy and puck partner Matt Bellany joins me, along with Bloomberg's Lucas Shaw,

and we're going to drag you through this show of a year, from January's devastating fires

to the ongoing battle over Warner's and Disney's New Deal

with Open AI. And that's not the half of it. Dearly beloved, we are gathered here today to talk

about the insane year in Hollywood. And I have to tell you in advance, there is so much if we miss something,

I don't want to hear any blowback because we're doing our best. So we would be remiss,

guys, if we did not talk about the fires that were devastating to this community in Altadena

and the Palisades, a lot of Hollywood people lost their homes. Yeah, I mean, it sort of set the

tone for the entire year. It was a big bummer of a year in Hollywood people lost their homes. Yeah, I mean, it sort of set the tone for the entire year.

It was a big bummer of a year in Hollywood.

And this was the sort of kickoff was this devastating moment that I think not only, you know,

nothing infrastructure-wide burned down.

I mean, it was just the toll on the people.

Nothing Hollywood.

I think maybe there was some production lot or something out of the valley.

But the big thing was the people.

I mean, we all know so many people in the industry that were displaced, that lost everything,

both in the Palisades and in the Alta Dina area.

Like, these are people that fuel the industry, and many of them are not coming back. And this was the

big moment of the year where people started to say, is the tipping point here for when production

...