The 2024 Emmy nominations are here, with lots of record-breaking nods and surprises to unpack — along with the strategy behind Disney’s acquisition of FX. What does the success of Shōgun and The Bear say about streaming? And does a new Bank of America report on Warner Bros. Discovery suggest… “unbundling”? Kim Masters and Matt Belloni break it down.

Plus, in honor of Shōgun’s 25(!) Emmy nominations, Masters revisits her conversation with creators Justin Marks and Rachel Kondo. The series made history this week with its Emmy nomination for Outstanding Drama, becoming only the second non-English show ever considered. The husband-and-wife creative team talk about how they’ve been granted more control writing for television over feature films, and explain why FX took the risk on their very expensive, and heavily subtitled, period epic.

Kim Masters and Matt Belloni discuss the Paramount-Skydance merger. They also look at CNN’s digital future after the company lays off 100 employees, and weigh in on Kevin Costner’s sad “Horizon” rollout.

Plus, Masters speaks to Muta’Ali, director of the HBO documentary “MoviePass, MovieCrash.” The filmmaker talks about his desire to center the story of the company’s two Black founders, while detailing the complex business dealings that led to MoviePass’s meteoric rise and fall.

Kim Masters and guest Banterer Lucas Shaw of Bloomberg News discuss the latest twist in the Paramount saga: Just after billionaire Barry Diller raised his hand as a potential buyer, the Skydance-Paramount deal is resurrected from the dead.

Plus, Masters returns with an encore of her 2021 interview with Paul W. Downs and Jen Statsky, two of the three showrunners behind the award-winning HBO Max series "Hacks." Downs and Statsky talk about how lead actress Jean Smart insisted the cameras keep rolling when her husband passed away with a week of shooting the first season left.

Kim Masters and Matt Belloni discuss the tentative deal reached by the major Hollywood studios and IATSE, the union representing below-the-line workers. They also break down NBC’s effort to boost streaming numbers with Olympics recaps from an A.I.-generated version of sports broadcaster Al Michaels.

Plus, Masters speaks to Lance Oppenheim, director of the new HBO docu-series Ren Faire, about honing his intimate, uniquely collaborative style of filmmaking, and his interest in subjects who become “entombed” by their own fantasies. The filmmaker also talks about how he cold emailed his way into director Darren Aronofsky’s inner circle.

Kim Masters and Matt Belloni examine the dissolution of the Paramount-Skydance merger after Shari Redstone calls it quits on the deal. They also discuss Sony’s purchase of Alamo Drafthouse theaters.

Plus, Masters speaks to Rob Reiner and Albert Brooks about Reiner’s HBO documentary, Albert Brooks: Defending My Life. The legendary filmmakers talk about their early years in the industry and they talk about the drastically changing landscape of entertainment.

Kim Masters and Matt Belloni examine the complicated situation developing at Paramount as controlling shareholder Shari Redstone determines the future of the company.

Plus, Eric Deggans speaks to comedian and Chappelle’s Show co-creator Neal Brennan about his Netflix standup special, Crazy Good. Brennan talks about what he and friends Dave Chappelle and Chris Rock have taught each other about their craft over the years, and he argues that people shouldn’t always care what comedians have to say.

Kim Masters and Matt Belloni break down the latest NBA news at Warner Bros. Discovery. They also discuss activist investor Nelson Peltz’s decision to sell his entire stake in Disney, and why Netflix CEO Ted Sarandos thinks last summer’s biggest theatrical hits would have fared as well on the streamer.

Plus, Masters speaks to the head of domestic distribution at Paramount, Chris Aronson. The long-serving executive explains why he believes that movie theaters will survive despite industry-wide gloom over waning box office numbers, and he argues that the lack of consensus about the length of the theatrical window isn't helping consumers or studios.

A frighteningly lackluster summer box office, human ScarJo dukes it out with OpenAI’s ‘definitely-not-supposed-to-sound-like-ScarJo’ ScarJo, and the movies making noise at this year’s Cannes Film Festival–not necessarily in a good way. Kim Masters and Matt Belloni break down this week’s news in a special Spring Megabanter episode of The Business.