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The Town with Matthew Belloni

Will Big Tech and AI Save or Kill Hollywood?

The Town with Matthew Belloni

The Ringer

Society & Culture

4.31.1K Ratings

🗓️ 30 October 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Matt is joined by Andrew Ross Sorkin ('Squawk Box,' The New York Times) to discuss how the tech boom has affected Hollywood and what new power players like David Ellison really want with the media industry. They also discuss the potential impact of the AI bubble bursting, whether the Middle East will ever make a big splash in Hollywood, and whether there is a case for consolidation in media (02:11). Matt finishes the show with a prediction about horror movies on streaming (28:08). 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: Andrew Ross Sorkin 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

Hi everyone, it's Amy Polar, and I'm launching a new podcast called Good Hang.

0:05.0

In preparation for that, I asked some of my friends to send in some videos and give me some advice.

0:10.0

Just be yourself and the guests will come.

0:13.0

Don't be the celebrity that this is their like sixth thing they're doing.

0:16.0

I love true crime and cooking podcasts. Is there any way you could combine the two? Well, everyone has an opinion

0:23.1

and a podcast. So, join me for good hang. It's rough out there. We're just trying to lighten it up a little.

0:31.5

It is Thursday, October 30th. You'd never know it in Hollywood these days, but the U.S. economy

0:37.2

is experiencing a pretty

0:38.6

massive bubble. You take out the hundreds of billions of dollars spent on artificial

0:43.1

intelligence infrastructure. This country would almost certainly be in the middle of a recession,

0:47.4

according to most analysts. But when will this bubble burst? And could it make the current

0:51.8

content recession and entertainment even worse?

0:55.1

I thought of that while reading Andrew Ross Sorkin's new bestselling book, 1929, inside the

1:00.2

greatest crash in Wall Street history and how it shattered a nation.

1:04.0

Some pretty eerie parallels to what's going on today and smart insights from Sorkin.

1:07.8

You don't know, Andrew, he's the co-host of Squawk Box on CNBC. That's their popular morning show. And he's a reporter and editor at the New York Times. He founded their excellent deal book newsletter and recently has been reporting on the overtures from David Ellison and Paramount to Warner Brothers Discovery. He's also a film and TV producers and EP on Billions and the adaptation of Too Big to Fail, his last book.

1:28.4

As a CNBC host, he's also a current employee of an NBC Universal cable network that is

1:33.4

soon to be part of Verson. That's the spin-off or so-called Krapco company. He might dispute that

1:39.2

term. So I figured Sorgre would be great to come on the show to talk about it all from a big

1:43.4

picture point of view.

1:44.9

The boom time and tech and how it relates to the bus time in Hollywood.

1:48.6

This awkward consolidation moment, what the Ellison's really want in entertainment,

...

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