First Pass

85 stories from 11 sources

Skydance merger raises debt, control and strategy questions

Day’s Recap

Supporting Articles

David Ellison’s media company raised $52 billion in debt to finance a $110 billion leveraged buyout and still secured an investment-grade rating. The rating sits at the lowest rung of investment grade, underscoring the deal’s heavy financial burden.

12:00 AMFinancial Times

Netflix will begin streaming Percy Jackson and the Olympians ahead of the Disney+ series' third-season premiere in November. The agreement gives the show exposure on a rival platform while Disney continues releasing new episodes through its own service.

1:24 PMPolygon

Disney will license a selection of library films and currently streaming series to Netflix under a new agreement. The deal includes titles such as Ice Age and Percy Jackson and will make them available to Netflix's roughly 325 million subscribers.

12:10 PMIGN

Netflix has recently ended or allowed several multiyear production partnerships with directors including David Fincher and Shawn Levy. The moves suggest the streamer is reconsidering its emphasis on prestige projects as competition and commercial pressures intensify.

4:30 PMThe Verge

Sean Parker is rebuilding Stability AI with a focus on music, backed by funding and support from major record labels. The shift brings the company closer to an industry it previously disrupted through generative media technology.

5:09 PMTechCrunch

James Gunn and Peter Safran will remain in charge of DC Studios after the Warner Bros. and Paramount merger. Their continued leadership preserves the current direction of DC's film and television operations through the corporate transition.

3:08 PMPolygon

Other Developments

A curated list of other prominent stories from this day.

The New York Muslim Film Festival will launch Oct. 11 at Manhattan’s SVA Theatre as the city’s first festival focused on Muslim filmmakers. Its lineup and jury support a goal of replacing Western media’s stereotyped portrayals with stories shaped by Muslim creators.

11:00 PMVariety

The Further Misadventures of Cliff Booth, Quentin Tarantino's sequel to Once Upon a Time in Hollywood, arrives next month. The project expands Cliff Booth's story with David Fincher involved in bringing the continuation to the screen.

9:09 PMPolygon

“Behemoth!” combines a classical-musician drama, a midlife-crisis story and a romantic mystery. Tony Gilroy also uses the film as an experiment in cinematic form, producing an ambitious but lightweight piece built around Pedro Pascal’s performance.

8:00 PMVariety

The film initially appears to be a poorly executed and familiar feature, marked by weak storytelling, disengaged performances and limited visual distinction. Its major twist gives the movie a more intriguing dimension, turning a potential failure into a film worth examining despite its flaws.

7:15 PMVariety

A new animated Fast & Furious special is now streaming on Peacock, crossing the franchise with LEGO DREAMZzz and How to Train Your Dragon. The release pushes the series into an unusually broad crossover format.

4:58 PMPolygon

The season finale of Lanterns must address major unresolved questions, including Hal Jordan's fate, the identity of his killer, and the significance of Sinestro and the mysterious planet. The episode enters its conclusion with the central mythology still unsettled.

4:30 PMIGN

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