Matt is joined by Bloomberg’s Lucas Shaw to discuss the ‘Joker: Folie à Deux’ flop and its ramifications for Warner Bros. Discovery and the DC Universe before getting into the latest shakeup at Sony Pictures, where CEO Tony Vinciquerra has stepped down and is being replaced by COO Ravi Ahuja. They talk about the state of Sony Pictures, why it never entered the Streaming Wars and instead opted to sell its content to other companies, how its balance sheet looks compared to other studios, its lack of major franchises, and how it’s positioned moving forward (03:01). Matt finishes the show with a prediction about ‘Joker: Folie à Deux’ director Todd Phillips’s next movie (25:16). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! [email protected] 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

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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