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The Town with Matthew Belloni

The Shameless Golden Globes, and Paramount Takes Warner Bros. to Court

The Town with Matthew Belloni

The Ringer

Society & Culture

4.31.1K Ratings

🗓️ 12 January 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to react to Sunday's Golden Globe Awards, including the cringiest corporate moments and the studios and streamers that overperformed. Then, they discuss the latest move in the ongoing Warner Bros. Discovery saga, with Paramount filing a lawsuit seeking to force Warner to release more information about its merger agreement with Netflix, and their plan to launch a proxy fight (01:56). Matt finishes the show with a prediction about a few heavily favored Oscar contenders (26:44). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thetown@spotify.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

It is Monday, January 12th. Oh, the Golden Globes, the headshaker of Hollywood Award shows.

0:06.5

We don't have the ratings yet, but it was definitely fun to watch the Globes when you know a lot about the industry dramas playing out behind the scenes.

0:13.7

Our guy David Zazlov, the CEO Warner Discovery, sitting with Mike DeLuca, head of his film studio who he wanted to fire right before the movies came out that got them all those Globes nominations. Amazing stuff. It's also the Globes themselves. It wasn't mentioned last night on the show, of course, but the Globes are unusual and that they are owned not by a non-profit arts organization or the Hollywood Foreign Press Media Group. Remember, they used to get thanked all the time,

0:37.9

not anymore. Now they're owned by two billionaires, Jay Penske and Todd Bowley. They leverage the

0:43.5

globes and the stars to support their other businesses. Penske also owns all the Hollywood

0:48.4

trade media outlets, variety, Hollywood reporter, deadline, Indie Wire, hence the variety announcer

0:53.9

during the show.

0:54.8

Didn't get the best reviews for that.

0:56.8

And Todd owns the land next to the Beverly Hilton, where he's building a huge resort.

1:01.5

They made Variety host a Globes party there to support that development, meaning stars like

1:06.0

Sidney's Sweeney showed up and they thought they were going to Variety Party, but they became

1:09.6

unpaid endorsers of photos for a condo building in Beverly Hills. Fantastic drift there. And of course,

1:16.6

CBS, which aired the show, was owned by David Ellison, who was there last night. He showed him

1:20.9

on the broadcast. He's, of course, trying to buy Warner Brothers Discovery, sitting a few tables

1:26.1

over from Netflix, who very much wants to overturn

1:28.8

their deal.

1:29.6

And from Zazloff, whose company Ellison sued this morning, yes, friends at an award show on

1:35.8

Sunday night, litigation adversaries on Monday morning.

1:39.0

We'll get into that today.

1:40.3

Lucas Shaw is here from Bloomberg.

1:41.8

And we're going to go into the Golden Globes, absurdities,

1:44.7

and the latest legal salvo in the war for Warner Brothers.

...

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