1 00:00:02,520 --> 00:00:08,480 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Well, let's get through 2 00:00:08,480 --> 00:00:11,120 Speaker 1: the main stage here at Bloomberg screen Time go into 3 00:00:11,240 --> 00:00:13,920 Speaker 1: a conversation with hambla Abdy and Michael de Luca. They're 4 00:00:13,960 --> 00:00:17,520 Speaker 1: the co chair and CEOs of Warner Brothers Motion Pictures Group. 5 00:00:17,640 --> 00:00:19,120 Speaker 1: I want to start on the state of the movie 6 00:00:19,120 --> 00:00:21,119 Speaker 1: business because you were two of the biggest cinophiles in 7 00:00:21,160 --> 00:00:25,279 Speaker 1: the world, I'd say, and I was listening to an 8 00:00:25,280 --> 00:00:27,840 Speaker 1: appearance you guys made on the SmartLess podcast earlier this year, 9 00:00:27,880 --> 00:00:29,640 Speaker 1: and you were talking about how there are not enough 10 00:00:29,680 --> 00:00:33,040 Speaker 1: movies being made and you're sort of I was struck 11 00:00:33,080 --> 00:00:36,240 Speaker 1: because you guys run a movie studio that would seem 12 00:00:36,280 --> 00:00:38,800 Speaker 1: to be within your power to decide how many movies 13 00:00:38,840 --> 00:00:42,680 Speaker 1: you make, So why don't you and your peers make 14 00:00:42,760 --> 00:00:43,360 Speaker 1: more movies? 15 00:00:44,159 --> 00:00:46,239 Speaker 2: Well, we have made more movies, so you know are 16 00:00:46,440 --> 00:00:47,879 Speaker 2: One of the first things we were tasked to do 17 00:00:47,920 --> 00:00:49,720 Speaker 2: when we got to the studio was increased the output, 18 00:00:49,800 --> 00:00:51,919 Speaker 2: and I think we increased it from I think when 19 00:00:51,920 --> 00:00:53,800 Speaker 2: we got there it was four to six movies and 20 00:00:53,840 --> 00:00:56,400 Speaker 2: we're up to twelve this year, heading towards eighteen hopefully, 21 00:00:56,480 --> 00:00:58,880 Speaker 2: so we're doing our part. I feel like and one 22 00:00:58,920 --> 00:01:01,320 Speaker 2: of the most amazing things. The reason we're so optimistic 23 00:01:01,320 --> 00:01:04,840 Speaker 2: about our business is Warner Brothers achieved four billion in 24 00:01:04,880 --> 00:01:08,080 Speaker 2: worldwide gross this year, the first time since twenty nineteen, 25 00:01:08,200 --> 00:01:10,320 Speaker 2: so at least in terms of our studio, we're already 26 00:01:10,360 --> 00:01:13,800 Speaker 2: at pre pandemic levels. But I think the most significant 27 00:01:13,800 --> 00:01:16,520 Speaker 2: metric is we did it on nine less movies than 28 00:01:16,560 --> 00:01:19,600 Speaker 2: twenty nineteen. We did it on eleven movies, and they 29 00:01:19,640 --> 00:01:22,319 Speaker 2: had twenty shots at it, which I think shows that 30 00:01:22,319 --> 00:01:25,240 Speaker 2: there's a robust theatrical audience just waiting for more movies 31 00:01:25,280 --> 00:01:26,000 Speaker 2: to get made. 32 00:01:26,160 --> 00:01:28,000 Speaker 3: They always talk about, you know, box. 33 00:01:27,720 --> 00:01:30,560 Speaker 2: Offices down anywhere from twenty five to thirty percent, but 34 00:01:30,680 --> 00:01:33,760 Speaker 2: there's also twenty five percent less movies right in the marketplace. 35 00:01:33,800 --> 00:01:35,800 Speaker 2: So that's why we always feel like it's a it's 36 00:01:35,800 --> 00:01:38,080 Speaker 2: a glass half full situation, and if there were more movies, 37 00:01:38,120 --> 00:01:39,480 Speaker 2: you'd see that box office climb. 38 00:01:39,680 --> 00:01:41,600 Speaker 1: Well. One of the reasons that I assume that the 39 00:01:42,040 --> 00:01:46,000 Speaker 1: number of movies is down is how expensive it has 40 00:01:46,040 --> 00:01:48,360 Speaker 1: become to make them. So, as someone who's not part 41 00:01:48,400 --> 00:01:51,080 Speaker 1: of the sausage making process, why does it feel like 42 00:01:51,240 --> 00:01:54,320 Speaker 1: every major studio release now costs two hundred million dollars. 43 00:01:54,800 --> 00:01:56,240 Speaker 4: I don't think every. 44 00:01:56,480 --> 00:01:59,280 Speaker 1: Weapons did not. But can we agree that the cost 45 00:01:59,320 --> 00:02:01,080 Speaker 1: of making movies has gone up a lot? 46 00:02:01,160 --> 00:02:02,520 Speaker 4: Sure, we can absolutely agree. 47 00:02:02,560 --> 00:02:05,000 Speaker 5: I think the way we look at it is a 48 00:02:05,000 --> 00:02:08,920 Speaker 5: diverse slate, right, And we look at different metrics and 49 00:02:09,040 --> 00:02:12,359 Speaker 5: different size movies, and it's really about balancing the slates. 50 00:02:12,440 --> 00:02:15,480 Speaker 5: So there's no one size fits all approach to budgeting 51 00:02:15,560 --> 00:02:17,760 Speaker 5: of film. You have to meet with the filmmaker. You 52 00:02:17,760 --> 00:02:19,360 Speaker 5: have to look at what the story is, who the 53 00:02:19,400 --> 00:02:23,120 Speaker 5: audience is, what genre is. We share it with our 54 00:02:23,160 --> 00:02:25,080 Speaker 5: teams around the world, and we all come up with 55 00:02:25,080 --> 00:02:27,639 Speaker 5: the right size budget for that film. And it's really 56 00:02:27,720 --> 00:02:30,240 Speaker 5: it really leads with being based on the vision. 57 00:02:30,000 --> 00:02:30,720 Speaker 4: Of the filmmaker. 58 00:02:31,120 --> 00:02:33,799 Speaker 1: Right. Okay, that does make me want to I wasn't 59 00:02:33,800 --> 00:02:35,240 Speaker 1: going to get here yet, but I want to zoom 60 00:02:35,240 --> 00:02:38,880 Speaker 1: ahead to the movie you just released one battle after another, 61 00:02:38,919 --> 00:02:41,720 Speaker 1: Paul Thomas A Andason movie. Great movie. Everyone thinks it's, 62 00:02:41,919 --> 00:02:44,359 Speaker 1: if not the front runner for Best Picture one of them. 63 00:02:45,240 --> 00:02:47,760 Speaker 1: You gave one hundred and thirty five million dollar budget 64 00:02:47,760 --> 00:02:49,720 Speaker 1: to a director who never had a movie gross one 65 00:02:49,760 --> 00:02:52,519 Speaker 1: hundred million dollars. Can you walk me through how that 66 00:02:52,639 --> 00:02:55,239 Speaker 1: worked in your the formula you were just talking. 67 00:02:55,000 --> 00:02:58,960 Speaker 2: About not confirming that that's the budget. Okay, however to 68 00:02:59,040 --> 00:03:02,160 Speaker 2: point take in that it's Paul's most expensive movie, I 69 00:03:02,200 --> 00:03:04,040 Speaker 2: think when you know, when we all read it in 70 00:03:04,080 --> 00:03:07,639 Speaker 2: this Pam set in our organization, you know, we are 71 00:03:07,720 --> 00:03:11,639 Speaker 2: really big on sharing the script with our teams, both 72 00:03:11,639 --> 00:03:14,320 Speaker 2: international domestic. Everybody who's got a stake in that movie's 73 00:03:14,320 --> 00:03:17,679 Speaker 2: success gets to weigh in, and we arrive as many 74 00:03:17,720 --> 00:03:19,679 Speaker 2: studios as all the studios do with a model that 75 00:03:19,760 --> 00:03:22,600 Speaker 2: basically informs the green light process. So we read this 76 00:03:22,600 --> 00:03:24,120 Speaker 2: two and a half years ago as a as a 77 00:03:24,120 --> 00:03:28,040 Speaker 2: satirical action comedy with Leo, and you know, because it 78 00:03:28,080 --> 00:03:30,400 Speaker 2: read like the masterpiece it is, we leaned in, like 79 00:03:30,440 --> 00:03:32,560 Speaker 2: if we we set up the kind of you know, 80 00:03:32,680 --> 00:03:35,320 Speaker 2: rigorous analysis that enables us to trigger a green light, 81 00:03:35,760 --> 00:03:37,880 Speaker 2: but if it's a if it's a you know, a 82 00:03:37,920 --> 00:03:41,720 Speaker 2: bold provocative swing, we're just our dna is to lean 83 00:03:41,760 --> 00:03:43,080 Speaker 2: in and give it a shot. 84 00:03:43,200 --> 00:03:45,480 Speaker 3: So Leo's comps kind. 85 00:03:45,320 --> 00:03:48,040 Speaker 2: Of gave it the credibility to say, well, we can 86 00:03:48,080 --> 00:03:50,840 Speaker 2: aim for the high case. But really what carried the 87 00:03:50,920 --> 00:03:52,680 Speaker 2: day was just it read like the movie it is. 88 00:03:52,680 --> 00:03:54,880 Speaker 2: It just read like a masterpiece and one of the 89 00:03:54,920 --> 00:03:58,600 Speaker 2: overriding operating principles at the studio is to is to 90 00:03:58,680 --> 00:04:01,600 Speaker 2: continue that legacy of Warren, whether it was Stanley Kubrick 91 00:04:01,680 --> 00:04:04,400 Speaker 2: or Queen Eastwood or Ben Affleck. But get into these 92 00:04:04,400 --> 00:04:07,120 Speaker 2: situations with the best filmmakers of the day and try 93 00:04:07,160 --> 00:04:09,200 Speaker 2: to bring people, try to bring audiences or a star 94 00:04:09,320 --> 00:04:13,200 Speaker 2: for originality, you know, new masterpieces, new modern masterpieces, and 95 00:04:13,200 --> 00:04:14,920 Speaker 2: that's that's what we feel like Paul's given us. 96 00:04:15,000 --> 00:04:17,160 Speaker 1: So we're going to set aside the masterpiece part of 97 00:04:17,160 --> 00:04:19,159 Speaker 1: the conversation for a second. Do you think that the 98 00:04:19,200 --> 00:04:20,880 Speaker 1: movie will be a commercial success? 99 00:04:21,120 --> 00:04:21,479 Speaker 3: I do. 100 00:04:21,640 --> 00:04:24,520 Speaker 2: I'm a believer. It's a marathon with this movie, not 101 00:04:24,600 --> 00:04:26,719 Speaker 2: a sprint. I think it's going to lag out to 102 00:04:26,800 --> 00:04:28,040 Speaker 2: a number that we'll be happy with. 103 00:04:28,200 --> 00:04:30,640 Speaker 3: Yeah, but it's hard. We can't divorce. 104 00:04:30,680 --> 00:04:33,480 Speaker 2: I'd be lying if I said we're divorcing it from 105 00:04:33,640 --> 00:04:36,760 Speaker 2: the pride we have in it, and you know it's it. 106 00:04:37,360 --> 00:04:41,000 Speaker 2: And also with Weapons and Centers, what those three movies 107 00:04:41,040 --> 00:04:44,040 Speaker 2: say about the chances for original films to get made, 108 00:04:44,120 --> 00:04:45,760 Speaker 2: you know, from the best directors working today. 109 00:04:45,800 --> 00:04:47,440 Speaker 3: It's where Warner Brothers. 110 00:04:47,200 --> 00:04:49,760 Speaker 4: Wants to be and it goes into our overall strategy. 111 00:04:49,960 --> 00:04:52,560 Speaker 5: You know, when we met with David three years ago, 112 00:04:52,920 --> 00:04:56,080 Speaker 5: we sat down and we said very clearly, let's bring 113 00:04:56,160 --> 00:04:58,799 Speaker 5: the best storytellers to Warner Brothers. 114 00:04:59,040 --> 00:04:59,839 Speaker 4: And that's what we've done. 115 00:05:00,040 --> 00:05:03,880 Speaker 5: We've tried to do a mix of IP movies genre films. 116 00:05:03,920 --> 00:05:06,479 Speaker 5: It's really about the balance of the whole slate, and 117 00:05:06,839 --> 00:05:09,719 Speaker 5: you know, David us he's been so supportive in that. 118 00:05:09,839 --> 00:05:12,919 Speaker 5: And I feel like this year our slate really, you know, 119 00:05:13,640 --> 00:05:15,360 Speaker 5: shows what our mission is. 120 00:05:15,400 --> 00:05:18,279 Speaker 1: Would you say that David has always been supportive, Yes, 121 00:05:18,800 --> 00:05:22,840 Speaker 1: from day one? And well, okay, we got we have 122 00:05:22,920 --> 00:05:26,279 Speaker 1: We have to address the fact that earlier this year 123 00:05:26,760 --> 00:05:29,719 Speaker 1: he was out there meeting with people. It was he 124 00:05:29,880 --> 00:05:33,720 Speaker 1: was not being very subtle about potentially looking for replacements 125 00:05:33,720 --> 00:05:34,000 Speaker 1: for you. 126 00:05:34,120 --> 00:05:38,160 Speaker 5: Listen, we can't we can't address the speculation and rumors 127 00:05:38,200 --> 00:05:41,839 Speaker 5: and all that stuff. All I can say is, David, 128 00:05:42,000 --> 00:05:44,200 Speaker 5: Mike and I had the privilege of seeing all these 129 00:05:44,240 --> 00:05:47,919 Speaker 5: movies early. We knew what we had with the filmmakers 130 00:05:47,960 --> 00:05:50,080 Speaker 5: and with these stories, and we just couldn't wait for 131 00:05:50,160 --> 00:05:54,600 Speaker 5: audiences to see them. So we David was completely supportive 132 00:05:54,640 --> 00:05:56,960 Speaker 5: of every film and of Mike and I and the 133 00:05:57,040 --> 00:05:58,080 Speaker 5: choices we made. 134 00:05:58,560 --> 00:06:02,960 Speaker 1: Well, you got re upped yesterday, So clearly when you 135 00:06:03,000 --> 00:06:05,320 Speaker 1: go in a tear whatever your boss may or may 136 00:06:05,320 --> 00:06:08,120 Speaker 1: not be thinking for some just ae strategy. 137 00:06:08,440 --> 00:06:10,920 Speaker 2: Well, it got announced yesterday, but as it had been 138 00:06:10,920 --> 00:06:11,920 Speaker 2: done before. 139 00:06:11,640 --> 00:06:17,640 Speaker 1: The hot streak for the year I feel like started 140 00:06:17,640 --> 00:06:20,680 Speaker 1: with Minecraft. Is that fair to say? For a long time, 141 00:06:20,720 --> 00:06:23,000 Speaker 1: movies based on video games, TV shows based on video 142 00:06:23,000 --> 00:06:25,240 Speaker 1: games didn't work, And that's totally flipped in the last 143 00:06:25,279 --> 00:06:28,559 Speaker 1: couple of years. We just had David talking about about 144 00:06:28,680 --> 00:06:32,200 Speaker 1: Call of Duty. What do you think has there been 145 00:06:32,240 --> 00:06:34,680 Speaker 1: some change in culture as to why these movies are 146 00:06:34,720 --> 00:06:37,480 Speaker 1: now working or is it. 147 00:06:36,600 --> 00:06:38,240 Speaker 2: I think it all goes back to talent, you know, 148 00:06:38,320 --> 00:06:40,560 Speaker 2: Like we don't. I think it's dangerous to traffic and 149 00:06:40,600 --> 00:06:43,880 Speaker 2: blanket statements or any any genre, any adapting from any medium. 150 00:06:43,960 --> 00:06:45,719 Speaker 2: So I don't know how other people do it, but 151 00:06:45,720 --> 00:06:47,520 Speaker 2: we look at adapting from a video game the way 152 00:06:47,560 --> 00:06:49,359 Speaker 2: you look at adapting from a book or a play 153 00:06:49,440 --> 00:06:51,400 Speaker 2: or anything it's not a movie, and just try to 154 00:06:51,440 --> 00:06:55,839 Speaker 2: apply the same basic rules of common sense. Do we 155 00:06:55,839 --> 00:06:57,479 Speaker 2: have the right writer, Do we have the right writing team, 156 00:06:57,520 --> 00:06:59,640 Speaker 2: do we have the right filmmaker. I think anything can 157 00:06:59,680 --> 00:07:03,720 Speaker 2: become a great movie if the filmmakers are castwell got it. 158 00:07:04,880 --> 00:07:09,040 Speaker 1: That was followed by Sinners Big Swing. Were you at 159 00:07:09,080 --> 00:07:11,040 Speaker 1: any point nervous about how it was going to do? 160 00:07:11,560 --> 00:07:13,960 Speaker 5: No, I mean, I think from the moment we read 161 00:07:14,000 --> 00:07:18,920 Speaker 5: the script, Ryan is just a singular visionary filmmaker. The 162 00:07:18,960 --> 00:07:20,760 Speaker 5: moment we read the script, we saw it on the 163 00:07:20,800 --> 00:07:24,360 Speaker 5: page collaborating with him. I mean, I just think what 164 00:07:24,440 --> 00:07:28,280 Speaker 5: this movie has meant to audiences and how it's ignited 165 00:07:28,360 --> 00:07:31,440 Speaker 5: them in conversation. I mean, there was this amazing moment 166 00:07:31,480 --> 00:07:33,040 Speaker 5: that happened over the course of the film. When it 167 00:07:33,080 --> 00:07:36,000 Speaker 5: was released, there was an open letter written to the 168 00:07:36,000 --> 00:07:39,800 Speaker 5: studio and to Ryan from a young man from Clarksdale, Mississippi, 169 00:07:40,000 --> 00:07:42,960 Speaker 5: who drove ninety minutes twice to see the film because 170 00:07:42,960 --> 00:07:46,560 Speaker 5: Clarksdale doesn't have a movie theater, so we brought a 171 00:07:46,600 --> 00:07:49,600 Speaker 5: movie theater to Clarksdale, Mississippi, and we went down there 172 00:07:49,600 --> 00:07:52,400 Speaker 5: for the weekend and we met members of the community 173 00:07:52,480 --> 00:07:56,920 Speaker 5: and this young man who is an organizer, and it was, honestly, 174 00:07:57,000 --> 00:07:59,240 Speaker 5: it was one of the most special moments of my career. 175 00:07:59,320 --> 00:08:03,080 Speaker 5: I can't tell you the conversations that were had and 176 00:08:03,200 --> 00:08:07,200 Speaker 5: the audience feeling that movie, feeling that music, meeting the 177 00:08:07,280 --> 00:08:10,760 Speaker 5: musicians who live and who Ludwig and Ryan gathered for 178 00:08:10,800 --> 00:08:14,360 Speaker 5: the you know, from the Delta Blues to create this movie. 179 00:08:14,720 --> 00:08:17,720 Speaker 4: You can't take that away. That is the power of storytelling. 180 00:08:18,560 --> 00:08:20,600 Speaker 1: You talk about wanting to be in business with the 181 00:08:20,600 --> 00:08:23,040 Speaker 1: best filmmakers. We have Ryan coming on later today, So 182 00:08:23,040 --> 00:08:25,960 Speaker 1: I'm curious what like you've worked with between the two 183 00:08:26,000 --> 00:08:29,160 Speaker 1: of you, probably most of the best directors in Hollywood. 184 00:08:29,520 --> 00:08:32,360 Speaker 1: What is it that sets Ryan apart from his peers. 185 00:08:32,400 --> 00:08:34,480 Speaker 1: Is there something specific about him that you feel like, 186 00:08:35,400 --> 00:08:35,760 Speaker 1: you know, we. 187 00:08:35,760 --> 00:08:39,160 Speaker 2: Love all our children kind of a thing. But but 188 00:08:39,200 --> 00:08:41,320 Speaker 2: I'll tell you, I'll tell you straight up. Ryan is 189 00:08:41,360 --> 00:08:45,800 Speaker 2: all heart. And you know, he did a thing. We 190 00:08:45,840 --> 00:08:47,560 Speaker 2: didn't think it was going to become a marketing tool, 191 00:08:47,559 --> 00:08:50,160 Speaker 2: but he did a thing where he explained it was 192 00:08:50,160 --> 00:08:52,800 Speaker 2: for code act. You know why he picked the film 193 00:08:52,800 --> 00:08:54,760 Speaker 2: formats he picked and why. I mean, he's just talking 194 00:08:54,760 --> 00:08:56,560 Speaker 2: about purfs and things that I should know. I mean 195 00:08:56,640 --> 00:09:00,080 Speaker 2: I kind of know, but he makes it completely not 196 00:09:00,080 --> 00:09:04,440 Speaker 2: only understandable, but he managed in an instructional thing for 197 00:09:04,559 --> 00:09:08,880 Speaker 2: Kodak to connect with cinephiles of like, Hey, the subtext 198 00:09:09,080 --> 00:09:11,760 Speaker 2: was I made this for you. I took the time 199 00:09:11,880 --> 00:09:15,119 Speaker 2: to really pour over what would be the best presentation 200 00:09:15,200 --> 00:09:18,640 Speaker 2: of this story for you with theatrical audience, and they felt, Wow, 201 00:09:18,679 --> 00:09:19,840 Speaker 2: this guy made it for us. 202 00:09:20,080 --> 00:09:21,439 Speaker 3: I'm going to go see it on a big screen. 203 00:09:21,720 --> 00:09:24,640 Speaker 2: Ryan's ability to connect with his audience both in the 204 00:09:24,679 --> 00:09:27,160 Speaker 2: material and then just talking about his movies is really 205 00:09:27,240 --> 00:09:29,960 Speaker 2: unique to Ryan, and we're now making every director do it, 206 00:09:30,559 --> 00:09:31,720 Speaker 2: even if they have to get training. 207 00:09:33,720 --> 00:09:36,880 Speaker 1: One thing that was really well publicized leading up to 208 00:09:36,880 --> 00:09:39,120 Speaker 1: the film's releases. In order to get the rights, you 209 00:09:39,200 --> 00:09:41,840 Speaker 1: had agreed to give him ownership, I think twenty five 210 00:09:41,920 --> 00:09:44,400 Speaker 1: years after the fact. Why do you think that became 211 00:09:44,440 --> 00:09:46,600 Speaker 1: such a talking point and have you done that with 212 00:09:46,640 --> 00:09:48,000 Speaker 1: other filmmakers previously. 213 00:09:48,800 --> 00:09:52,040 Speaker 5: I think I just think there was an outsized spec 214 00:09:52,200 --> 00:09:54,960 Speaker 5: you know, conversation about it because it was unique, but 215 00:09:55,000 --> 00:09:57,320 Speaker 5: it was unique to this movie, and it was unique 216 00:09:57,320 --> 00:10:00,920 Speaker 5: to Ryan's you know, to this deal. Think the importance 217 00:10:00,960 --> 00:10:03,760 Speaker 5: of this movie and how it's affected audiences is what 218 00:10:03,800 --> 00:10:07,079 Speaker 5: we should all be talking about, because, honestly, I went 219 00:10:07,120 --> 00:10:10,480 Speaker 5: to the theater that opening weekend and seeing audiences on 220 00:10:10,559 --> 00:10:11,960 Speaker 5: seventy MILIAMUIN or Imax. 221 00:10:12,000 --> 00:10:13,559 Speaker 4: It's the greatest feeling in the world. 222 00:10:16,120 --> 00:10:17,959 Speaker 1: Both of you talked about the codec video. One of 223 00:10:18,000 --> 00:10:20,120 Speaker 1: the things that I think Mindcraft and Centers shared is 224 00:10:20,160 --> 00:10:25,600 Speaker 1: they both developed a lot of momentum online which felt organic, 225 00:10:26,840 --> 00:10:28,719 Speaker 1: and so I'm curious when it feels like a lot 226 00:10:28,720 --> 00:10:31,880 Speaker 1: of things become hits almost beyond your control, how do 227 00:10:31,920 --> 00:10:34,680 Speaker 1: you plan for that when you're thinking about green lights, 228 00:10:34,679 --> 00:10:37,040 Speaker 1: when you're thinking about marketing, because you obviously can't factor 229 00:10:37,080 --> 00:10:38,720 Speaker 1: in like, well, this one's going to go viral on 230 00:10:38,760 --> 00:10:40,320 Speaker 1: TikTok and this one'st. 231 00:10:40,640 --> 00:10:41,080 Speaker 3: Well, you know. 232 00:10:41,160 --> 00:10:45,120 Speaker 2: The first one of the things Davids asked us with was, 233 00:10:45,320 --> 00:10:47,840 Speaker 2: you know, even though we inherited the organization, what's the 234 00:10:47,920 --> 00:10:51,160 Speaker 2: right balance for the era that we're in. So that 235 00:10:51,200 --> 00:10:54,280 Speaker 2: involved a reorg of marketing and distribution. So when we 236 00:10:54,320 --> 00:10:57,600 Speaker 2: elevated the next generation of marketing leadership at the studio, 237 00:10:58,160 --> 00:10:58,960 Speaker 2: we talked. 238 00:10:58,640 --> 00:11:00,520 Speaker 3: About virality a lot. 239 00:11:00,559 --> 00:11:03,359 Speaker 2: We talked about where audiences are getting their movie advertising 240 00:11:03,400 --> 00:11:05,840 Speaker 2: now and what the kindling is for each project to 241 00:11:06,120 --> 00:11:10,320 Speaker 2: light those bonfires online and getting that core audience, whether 242 00:11:10,360 --> 00:11:12,880 Speaker 2: it was the gamers on Minecraft or the African American 243 00:11:12,880 --> 00:11:16,800 Speaker 2: audience on Sinners really White Hot over something you know 244 00:11:16,800 --> 00:11:18,240 Speaker 2: that we knew they were going to like and being 245 00:11:18,240 --> 00:11:22,439 Speaker 2: able to amplify that heat to the general audience really 246 00:11:22,440 --> 00:11:25,320 Speaker 2: became the corner of the realm in our new marketing department. 247 00:11:25,440 --> 00:11:28,000 Speaker 2: So while you can't plan for it, you can arrange 248 00:11:28,040 --> 00:11:30,920 Speaker 2: the chess pieces to take advantage of it if it happens. 249 00:11:31,840 --> 00:11:34,240 Speaker 1: Are we going to get sequels to either Minecraft or Sinners? 250 00:11:35,240 --> 00:11:37,520 Speaker 2: You're definitely going to get a sequel to Minecraft. You know, 251 00:11:37,679 --> 00:11:41,920 Speaker 2: Sinners is such a singular vision from a signature filmmaker, 252 00:11:42,360 --> 00:11:44,720 Speaker 2: and it wasn't really set up to be an expanded universe. 253 00:11:44,760 --> 00:11:47,520 Speaker 2: We just think it's again another cinematic masterpiece. We're lucky 254 00:11:47,559 --> 00:11:47,800 Speaker 2: to have. 255 00:11:48,000 --> 00:11:48,679 Speaker 4: Yeah. 256 00:11:48,720 --> 00:11:54,840 Speaker 1: Cool. One more question about this year's slate. You have 257 00:11:54,880 --> 00:11:57,600 Speaker 1: I think the only all of the horror movies to 258 00:11:57,600 --> 00:11:59,720 Speaker 1: gross more than one hundred million dollars, and nothing else 259 00:11:59,800 --> 00:12:04,600 Speaker 1: has worked at that level other than our movies are good? 260 00:12:05,160 --> 00:12:08,640 Speaker 1: Can you give some explanation for why your horror movies 261 00:12:08,679 --> 00:12:11,120 Speaker 1: have worked better than others, including those from some people 262 00:12:11,160 --> 00:12:12,800 Speaker 1: who've had a lot of success in the in the 263 00:12:12,840 --> 00:12:13,800 Speaker 1: recent history. Sure. 264 00:12:13,840 --> 00:12:14,480 Speaker 3: I mean I got to call it. 265 00:12:14,640 --> 00:12:17,840 Speaker 2: Richard Brenner, who pitched a perfect game for us this year, 266 00:12:17,880 --> 00:12:22,360 Speaker 2: and his second Lieutenant Dave Newstetter, when we looked at 267 00:12:22,679 --> 00:12:25,240 Speaker 2: the ip that Newline was sitting on, you know, reactivating 268 00:12:25,240 --> 00:12:28,360 Speaker 2: the Final Destination franchise, you know, adding to the Conjuring 269 00:12:28,559 --> 00:12:29,760 Speaker 2: universe or priorities. 270 00:12:30,120 --> 00:12:31,079 Speaker 3: But we always try. 271 00:12:30,920 --> 00:12:33,600 Speaker 2: To when we're doing legacy sequels, we think it's really 272 00:12:33,640 --> 00:12:37,120 Speaker 2: important to innovate within the genre or innovate within the franchise. 273 00:12:37,160 --> 00:12:39,440 Speaker 2: So I think one of the reasons they overperformed, aside 274 00:12:39,440 --> 00:12:41,920 Speaker 2: from the fact that you know, we supercharged the marketing 275 00:12:41,920 --> 00:12:48,280 Speaker 2: department with fresh thinking, is Final Destination wasn't just another chapter. 276 00:12:48,679 --> 00:12:50,600 Speaker 2: It was an idea by John Watts, you know, from 277 00:12:50,640 --> 00:12:54,600 Speaker 2: the Spider Man trilogy, and it's kind of a fun story. 278 00:12:54,640 --> 00:12:56,840 Speaker 2: He had a first date with his with his soon 279 00:12:56,880 --> 00:12:58,680 Speaker 2: to be wife at a Final Destination movie. 280 00:12:58,720 --> 00:12:59,200 Speaker 3: So it was an. 281 00:12:59,080 --> 00:13:01,120 Speaker 2: Incoming call that new and got John Watch was like, hey, 282 00:13:01,160 --> 00:13:02,400 Speaker 2: do you mind if I come up with a story 283 00:13:02,400 --> 00:13:04,120 Speaker 2: for Final Destination And they were like. 284 00:13:04,160 --> 00:13:05,280 Speaker 3: Yeah, that'd be great. 285 00:13:05,840 --> 00:13:09,480 Speaker 2: And then Zach and Adam who directed, brought this incredible 286 00:13:09,480 --> 00:13:11,800 Speaker 2: sense of humor, and you know they did they did 287 00:13:11,840 --> 00:13:13,840 Speaker 2: a real remember when they were when they were presenting 288 00:13:13,840 --> 00:13:18,240 Speaker 2: to us of they worshiped the premise. Their approach to 289 00:13:18,320 --> 00:13:22,000 Speaker 2: it was fresh and innovative, kind of give universal props 290 00:13:22,000 --> 00:13:24,440 Speaker 2: for bringing that to Jurassic Park and through the Fast 291 00:13:24,480 --> 00:13:28,280 Speaker 2: and Furious franchises. We think with franchises that are particularly 292 00:13:28,320 --> 00:13:30,480 Speaker 2: long in the tooth, you really have to innovate within 293 00:13:30,520 --> 00:13:33,319 Speaker 2: the genre. So I think Final Destination overperformed because of 294 00:13:33,400 --> 00:13:35,240 Speaker 2: Zach and Adam and just the thinking that went into 295 00:13:35,240 --> 00:13:38,720 Speaker 2: it from John Watts and Michael Chavez. With conjuring, he 296 00:13:38,800 --> 00:13:41,199 Speaker 2: received the reins you know from from James Want and 297 00:13:41,280 --> 00:13:44,280 Speaker 2: Jayson Blum and kind of became the creative clearinghouse and 298 00:13:44,360 --> 00:13:46,920 Speaker 2: his path. I think the common element is none of 299 00:13:46,960 --> 00:13:49,480 Speaker 2: them were phoned in. None of them were Oh it's 300 00:13:49,520 --> 00:13:51,920 Speaker 2: a bunch of executives in a room saying milk that franchise. 301 00:13:52,240 --> 00:13:55,439 Speaker 2: You know, it was talent first, So Michael's excitement, Zach 302 00:13:55,480 --> 00:13:59,000 Speaker 2: and adams excitement. Audiences I think can tell when something 303 00:13:59,040 --> 00:14:01,160 Speaker 2: is not prefabricated or phoned in, when it has a 304 00:14:01,200 --> 00:14:03,880 Speaker 2: reason to be and we always think that's the filmmakers, 305 00:14:03,920 --> 00:14:05,800 Speaker 2: so we were able to I think that's why those 306 00:14:05,800 --> 00:14:09,480 Speaker 2: horror films overperformed. And then Zach is it. Kreiger is 307 00:14:09,520 --> 00:14:11,160 Speaker 2: just a breath of fresh air for an audience. I 308 00:14:11,160 --> 00:14:13,920 Speaker 2: still think that star for originality. He's just like a 309 00:14:13,960 --> 00:14:15,240 Speaker 2: really exciting new presence. 310 00:14:15,400 --> 00:14:17,360 Speaker 4: Yes, the director of Web Yeah, yeah, Weapons. 311 00:14:17,520 --> 00:14:19,640 Speaker 5: I mean that was one of the best scripts I've read, 312 00:14:19,680 --> 00:14:21,200 Speaker 5: and like probably last. 313 00:14:21,000 --> 00:14:23,280 Speaker 2: And just the just the quality of it. Yeah, I 314 00:14:23,360 --> 00:14:25,360 Speaker 2: think it was key to that movie overperforming. 315 00:14:25,440 --> 00:14:27,840 Speaker 5: That's the other thing that's important is the script. You know, 316 00:14:28,560 --> 00:14:30,880 Speaker 5: it all starts with the story, and it all starts 317 00:14:30,920 --> 00:14:33,160 Speaker 5: with the script. And if it's on the page and 318 00:14:33,200 --> 00:14:36,120 Speaker 5: you have the right filmmaker that approaches especially some of 319 00:14:36,160 --> 00:14:39,280 Speaker 5: the IP with zero cynicism because they love the IP, 320 00:14:39,520 --> 00:14:42,640 Speaker 5: they love these characters. I just think that magic comes 321 00:14:42,680 --> 00:14:44,960 Speaker 5: together and that with the marketing is what makes it. 322 00:14:45,000 --> 00:14:47,440 Speaker 2: Although, to go back to your earlier question to Pam's point, 323 00:14:47,600 --> 00:14:49,960 Speaker 2: I think one of the reasons negative costs have climbed 324 00:14:49,960 --> 00:14:51,960 Speaker 2: out of control. And this is just was my experience 325 00:14:52,000 --> 00:14:56,720 Speaker 2: as a producer studios when they green light something without 326 00:14:56,720 --> 00:14:58,840 Speaker 2: a lock script and you're writing or in production or 327 00:14:59,200 --> 00:15:01,880 Speaker 2: got rivid preprint, and then you're fixing in posts to 328 00:15:01,920 --> 00:15:04,640 Speaker 2: make a release date, you cost balloon. So if you 329 00:15:04,640 --> 00:15:06,320 Speaker 2: can really be it's hard, But if you can really 330 00:15:06,320 --> 00:15:09,480 Speaker 2: be disciplined about locking that script before green light and 331 00:15:10,120 --> 00:15:12,760 Speaker 2: not having to have to face twenty thirty forty percent 332 00:15:12,800 --> 00:15:15,120 Speaker 2: of the movie reshot and post, especially on a special 333 00:15:15,120 --> 00:15:18,800 Speaker 2: effects movie, you can maintain some cost controls. We we 334 00:15:18,920 --> 00:15:21,240 Speaker 2: lowered the average native costs at the studio from like 335 00:15:21,480 --> 00:15:23,760 Speaker 2: you know, one sixty eight to one twenty eight or 336 00:15:23,760 --> 00:15:27,240 Speaker 2: one oh six even this year, and it just takes discipline. 337 00:15:27,520 --> 00:15:29,520 Speaker 1: We're going to ask the audience the question so that 338 00:15:29,800 --> 00:15:31,720 Speaker 1: so that we don't have to make you choose between 339 00:15:31,720 --> 00:15:35,200 Speaker 1: your children. Okay, but I'm still going to ask you 340 00:15:35,240 --> 00:15:35,880 Speaker 1: for your thank you. 341 00:15:35,960 --> 00:15:37,280 Speaker 3: It's very compassionate of you. 342 00:15:38,360 --> 00:15:40,600 Speaker 1: Which director has had the best career? I guess that 343 00:15:40,680 --> 00:15:42,600 Speaker 1: really depends on what is that? What is it are 344 00:15:42,640 --> 00:15:44,800 Speaker 1: you talking about commercially? Are you talking about who's just 345 00:15:44,840 --> 00:15:47,160 Speaker 1: made the best movies, who's made the most interesting range 346 00:15:47,160 --> 00:15:47,720 Speaker 1: of movies. 347 00:15:48,800 --> 00:15:50,040 Speaker 2: It's kind of fun to throw that up the dough 348 00:15:50,080 --> 00:15:51,200 Speaker 2: and see how your audience will. 349 00:15:51,120 --> 00:15:52,840 Speaker 1: Will get the answer. To get the answer, yes, we 350 00:15:52,880 --> 00:15:56,160 Speaker 1: will see how the audience deals. I Like I said, 351 00:15:56,160 --> 00:15:57,480 Speaker 1: I wasn't going to ask you a lot about M 352 00:15:57,480 --> 00:15:59,440 Speaker 1: and A, but I do have to ask you, how 353 00:15:59,440 --> 00:16:02,680 Speaker 1: are you guys feeling about the spin of your company 354 00:16:02,720 --> 00:16:05,480 Speaker 1: and what is kind of what is the mood internally 355 00:16:05,560 --> 00:16:07,400 Speaker 1: about the changes to come. 356 00:16:07,560 --> 00:16:09,240 Speaker 4: Yeah, we're I mean, listen, we're focused. 357 00:16:09,240 --> 00:16:11,760 Speaker 5: As you know, we announced earlier that we're splitting the 358 00:16:11,760 --> 00:16:15,200 Speaker 5: company too into two different entities, and that's where we're 359 00:16:15,200 --> 00:16:18,200 Speaker 5: focused on. And really nothing has changed the day to day. 360 00:16:18,560 --> 00:16:21,400 Speaker 5: We're co CEO's of the movie business. We're planning our 361 00:16:21,440 --> 00:16:24,320 Speaker 5: slates for twenty six, we're planning our slates for twenty seven, 362 00:16:24,640 --> 00:16:27,280 Speaker 5: so nothing has changed, and we're feeling really excited. 363 00:16:27,000 --> 00:16:28,840 Speaker 2: As you can imagine. You know, when there's a good 364 00:16:28,880 --> 00:16:31,000 Speaker 2: run at a studio, morale is pretty high. So we 365 00:16:31,520 --> 00:16:34,920 Speaker 2: have great morale at the studio right now. The team 366 00:16:34,960 --> 00:16:37,400 Speaker 2: has clicked, you know, almost like a tribe or a family. 367 00:16:38,400 --> 00:16:41,520 Speaker 2: It's been two years of transformation, and this slate was 368 00:16:41,600 --> 00:16:44,400 Speaker 2: kind of the inaugural slate of the new Warner Brothers, 369 00:16:44,440 --> 00:16:45,960 Speaker 2: so everyone's morale is very high. 370 00:16:46,240 --> 00:16:48,640 Speaker 3: But as far as the moment we. 371 00:16:48,680 --> 00:16:50,240 Speaker 2: Ran, you know, we just figured there's always going to 372 00:16:50,240 --> 00:16:52,600 Speaker 2: be speculation and we just try to keep our heads 373 00:16:52,600 --> 00:16:54,280 Speaker 2: down and stick to the job at hand. 374 00:16:54,400 --> 00:16:56,600 Speaker 1: And what has the response been like internally when you 375 00:16:56,640 --> 00:16:58,520 Speaker 1: have sort of constant headlines about the guy who is 376 00:16:58,560 --> 00:17:00,040 Speaker 1: just here buying your company. 377 00:16:59,720 --> 00:17:05,479 Speaker 4: You know, our north start, our north star is do 378 00:17:05,560 --> 00:17:06,040 Speaker 4: the work. 379 00:17:06,280 --> 00:17:08,359 Speaker 5: Keep your head down and do the work. There's always 380 00:17:08,440 --> 00:17:10,840 Speaker 5: going to be speculation in our business. We're in a 381 00:17:10,920 --> 00:17:13,639 Speaker 5: you know, a massive time of disruption, and everyone's going 382 00:17:13,720 --> 00:17:16,160 Speaker 5: to constantly be saying, what's going to happen next, who's 383 00:17:16,200 --> 00:17:18,240 Speaker 5: going to be there, who's you know, you can't focus 384 00:17:18,280 --> 00:17:18,480 Speaker 5: on that. 385 00:17:18,520 --> 00:17:19,800 Speaker 4: You have to focus on the work. 386 00:17:19,960 --> 00:17:23,119 Speaker 5: And I think what's so exciting about Warner Brothers right now, 387 00:17:23,119 --> 00:17:25,160 Speaker 5: even though it's an over one hundred year old company, 388 00:17:25,520 --> 00:17:28,520 Speaker 5: we all approach it with like startup energy. So it's 389 00:17:28,600 --> 00:17:31,240 Speaker 5: just it's actually a really great time to be making 390 00:17:31,280 --> 00:17:32,320 Speaker 5: movies and TV. 391 00:17:32,520 --> 00:17:34,880 Speaker 2: Our teams, you know, have our our teams are used 392 00:17:34,880 --> 00:17:36,000 Speaker 2: to it because it's you know. 393 00:17:35,880 --> 00:17:37,760 Speaker 1: It's this company has been bought and soul. 394 00:17:37,720 --> 00:17:40,119 Speaker 2: Right or some of the some of the inherited Warner people, 395 00:17:40,160 --> 00:17:43,280 Speaker 2: you know, understand this feeling. But to Pam's point about 396 00:17:43,280 --> 00:17:46,719 Speaker 2: startup energy, when when when we started to work for David, 397 00:17:47,160 --> 00:17:50,040 Speaker 2: you know, his one of his edicts to us is, 398 00:17:50,119 --> 00:17:52,640 Speaker 2: you know, challenge all assumptions. You know, the business has 399 00:17:52,680 --> 00:17:54,760 Speaker 2: to transform, it has to adapt to the moment we're in. 400 00:17:55,160 --> 00:17:57,200 Speaker 2: And we talked about Moneyball a lot you know, because 401 00:17:57,280 --> 00:17:59,560 Speaker 2: Billy Bean in that movie and in the book was 402 00:17:59,600 --> 00:18:04,240 Speaker 2: all about adapt or die. So the company right now 403 00:18:04,280 --> 00:18:08,360 Speaker 2: has been battle tested and it has been challenging assumptions 404 00:18:08,080 --> 00:18:11,560 Speaker 2: for two years. So we're heading as far as the 405 00:18:11,600 --> 00:18:13,680 Speaker 2: day to day like we're heading for that split. That's 406 00:18:13,720 --> 00:18:17,320 Speaker 2: the course that David has charted. And people trust David 407 00:18:17,359 --> 00:18:21,359 Speaker 2: because this whole slate strategy, this whole diversified slate, the 408 00:18:21,440 --> 00:18:25,479 Speaker 2: label strategy, getting DC up on his feet, getting new line, pumping, 409 00:18:25,560 --> 00:18:28,880 Speaker 2: getting animation which comes online for us next year, pumping. 410 00:18:29,400 --> 00:18:32,240 Speaker 2: We still think it's the winning strategy and he was 411 00:18:32,280 --> 00:18:33,400 Speaker 2: really the author of that for us. 412 00:18:33,760 --> 00:18:35,399 Speaker 1: Can we get the poll results back up there for 413 00:18:35,440 --> 00:18:37,760 Speaker 1: one second, just because it looked like Jim Cameron was 414 00:18:37,760 --> 00:18:40,280 Speaker 1: the big winner, followed by Pta. Okay, I also have 415 00:18:40,320 --> 00:18:43,679 Speaker 1: an O bomb back last on that list. Note, but 416 00:18:46,000 --> 00:18:48,320 Speaker 1: you have a right a movie coming out early next year, 417 00:18:48,359 --> 00:18:51,919 Speaker 1: I believe, which is the Emerald Federl Bobbie movie Wuering Heights, 418 00:18:53,560 --> 00:18:55,560 Speaker 1: if memory serves you won that in a sort of 419 00:18:55,560 --> 00:18:59,160 Speaker 1: competitive auction against Netflix had a bigger bid, and Netflix 420 00:18:59,200 --> 00:19:02,679 Speaker 1: did not offer a theatrical release. Why do you think 421 00:19:02,880 --> 00:19:06,240 Speaker 1: they still don't embrace theaters? And does that help you 422 00:19:06,400 --> 00:19:07,960 Speaker 1: when you're competing for projects. 423 00:19:08,520 --> 00:19:11,800 Speaker 5: I can't speak to their strategy because obviously we don't 424 00:19:11,840 --> 00:19:15,480 Speaker 5: work there. I just know that it's a choice for filmmakers, 425 00:19:15,680 --> 00:19:20,240 Speaker 5: and I think both theatrical and streaming they can coexist. 426 00:19:20,280 --> 00:19:22,679 Speaker 5: They're just different offerings and a different experience. And I 427 00:19:22,680 --> 00:19:26,040 Speaker 5: think it really comes down to the filmmakers and where 428 00:19:26,040 --> 00:19:28,520 Speaker 5: do they see the best way to view their film. 429 00:19:28,600 --> 00:19:33,240 Speaker 5: And I think I'm withering. Emerald wanted a global theatrical release. 430 00:19:33,359 --> 00:19:36,520 Speaker 5: It is an epic love story and she wanted to 431 00:19:36,800 --> 00:19:39,440 Speaker 5: She just chose, and Hear and Margo chose that they wanted, 432 00:19:39,640 --> 00:19:41,840 Speaker 5: you know, the big theatrical release, and that's show up 433 00:19:41,880 --> 00:19:45,120 Speaker 5: in theaters first and then go down through its different windows. 434 00:19:45,119 --> 00:19:46,080 Speaker 4: And that's how it ended up. 435 00:19:46,440 --> 00:19:47,960 Speaker 1: Do you think you could ever work at a company 436 00:19:47,960 --> 00:19:50,360 Speaker 1: that didn't put its movies in theaters us? 437 00:19:50,359 --> 00:19:53,679 Speaker 2: Personally, to be honest with you, I've thought about this. 438 00:19:54,680 --> 00:19:58,920 Speaker 2: I've thought about this just as a life choice before 439 00:19:58,960 --> 00:20:00,680 Speaker 2: I went to work for MG. When I was when 440 00:20:00,680 --> 00:20:03,199 Speaker 2: I was a producer, just at that point in my 441 00:20:03,240 --> 00:20:06,320 Speaker 2: career as a producer, I was doing more series than features. 442 00:20:06,320 --> 00:20:09,080 Speaker 2: And I think even though I didn't admit it to myself. 443 00:20:09,200 --> 00:20:11,840 Speaker 2: I think personally, I don't think I want to be 444 00:20:11,880 --> 00:20:14,120 Speaker 2: around movies unless they're going to movie theaters. I think 445 00:20:14,160 --> 00:20:16,320 Speaker 2: if I went back to producing and I was engaging 446 00:20:16,320 --> 00:20:18,879 Speaker 2: with streamers who weren't offering theatrical releases, I'd probably be 447 00:20:18,960 --> 00:20:22,080 Speaker 2: doing a lot of series. Yeah, a very personal, just 448 00:20:22,119 --> 00:20:22,800 Speaker 2: personal feeling. 449 00:20:22,880 --> 00:20:23,720 Speaker 4: Yeah, I feel the same. 450 00:20:23,840 --> 00:20:27,720 Speaker 5: I just I go to the movies almost every weekend, 451 00:20:27,960 --> 00:20:29,560 Speaker 5: my daughter and my husband and I. 452 00:20:29,680 --> 00:20:30,920 Speaker 4: It's something we love to do. 453 00:20:31,280 --> 00:20:33,880 Speaker 5: There's nothing like it, you know, There's nothing like sitting 454 00:20:33,920 --> 00:20:37,440 Speaker 5: in a theater and laughing and crying and just experiencing 455 00:20:37,480 --> 00:20:38,320 Speaker 5: something communally. 456 00:20:38,440 --> 00:20:40,400 Speaker 4: So I probably feel the same as Mike. 457 00:20:40,600 --> 00:20:43,080 Speaker 1: Yeah, we're gonna do some some quick fun movie questions 458 00:20:43,119 --> 00:20:46,160 Speaker 1: to end. There's a lot of discussion about the dearth 459 00:20:46,200 --> 00:20:48,159 Speaker 1: of new movie stars. Who do you think are the 460 00:20:48,560 --> 00:20:51,280 Speaker 1: three young actors that can open a movie right now? 461 00:20:51,560 --> 00:20:57,560 Speaker 2: Smithy Schallome, Smthey Schallamy, Lawrence, I love, Florence Pugh's and 462 00:20:57,640 --> 00:20:59,600 Speaker 2: Gaya ers Diakinson. 463 00:20:59,600 --> 00:21:00,480 Speaker 3: I think is a rise. 464 00:21:00,560 --> 00:21:02,600 Speaker 2: Like I think there's actually a great crop of new talent. 465 00:21:02,680 --> 00:21:05,040 Speaker 2: I think young moviegoers want to create their own movie stars. 466 00:21:05,200 --> 00:21:08,440 Speaker 1: Yeah, are comic book movie is on the decline. 467 00:21:09,119 --> 00:21:09,800 Speaker 3: God, I hope not. 468 00:21:13,440 --> 00:21:15,800 Speaker 2: She knows I'm a giant conflict nerd, and I still 469 00:21:15,960 --> 00:21:18,040 Speaker 2: I have my dull collection and my kid my childhood collection. 470 00:21:18,119 --> 00:21:19,080 Speaker 3: I let my mother throw out. 471 00:21:18,960 --> 00:21:21,480 Speaker 4: Any You can't stump him on any question about it. 472 00:21:21,480 --> 00:21:23,239 Speaker 2: I don't I agree with James gunn. I don't think 473 00:21:23,240 --> 00:21:25,960 Speaker 2: there's super irri fatigue. I think there's mediocre movie fatigued. 474 00:21:26,000 --> 00:21:27,920 Speaker 2: So I'm very gunshy of blanket statements. 475 00:21:27,920 --> 00:21:28,679 Speaker 3: But I thought what he. 476 00:21:28,680 --> 00:21:31,520 Speaker 1: Did, wouldn't that mean that every superhero movie getting released 477 00:21:31,600 --> 00:21:33,480 Speaker 1: right now that isn't spider Man is mediocre? 478 00:21:34,119 --> 00:21:34,359 Speaker 3: No? 479 00:21:34,520 --> 00:21:36,679 Speaker 2: But I do think the bar for innovating within the 480 00:21:36,720 --> 00:21:39,560 Speaker 2: genre is high, because you could have a good movie 481 00:21:39,640 --> 00:21:41,760 Speaker 2: and you could be mediocre only because that movie has 482 00:21:41,800 --> 00:21:44,199 Speaker 2: been made many times before. 483 00:21:44,440 --> 00:21:45,920 Speaker 3: You know it could be a good example of itself. 484 00:21:45,960 --> 00:21:48,080 Speaker 2: But if you're not innovating within the genre, you know, 485 00:21:48,119 --> 00:21:49,760 Speaker 2: which I think is a high bar. We all have 486 00:21:49,800 --> 00:21:52,000 Speaker 2: to clear on all kinds on every movie, but especially 487 00:21:52,080 --> 00:21:55,280 Speaker 2: in a movie that in a genre that's been You've 488 00:21:55,280 --> 00:21:56,800 Speaker 2: had a lot of it over the last ten years. 489 00:21:57,240 --> 00:21:59,040 Speaker 2: The burden is to innovate. And I think what James 490 00:21:59,040 --> 00:22:02,439 Speaker 2: did with Superman, you know, going back to the DNA 491 00:22:02,520 --> 00:22:04,359 Speaker 2: of what made the character popular in the first place 492 00:22:04,480 --> 00:22:06,760 Speaker 2: was kind of innovative because we've only had the dour 493 00:22:06,840 --> 00:22:07,800 Speaker 2: version for so long. 494 00:22:08,200 --> 00:22:10,720 Speaker 1: Because you're a comic book I do have a favorite 495 00:22:10,760 --> 00:22:13,240 Speaker 1: comic book movie. 496 00:22:13,560 --> 00:22:15,240 Speaker 3: I Love All My Children again. 497 00:22:15,560 --> 00:22:19,239 Speaker 2: But I was thirteen when Donner's Superman came out, and 498 00:22:19,280 --> 00:22:21,439 Speaker 2: that was really the first big screen treatment of a 499 00:22:21,440 --> 00:22:25,200 Speaker 2: comic book character. And in those days, you know, being 500 00:22:25,200 --> 00:22:27,520 Speaker 2: a comic book fan wasn't hoity toity the way it 501 00:22:27,560 --> 00:22:29,199 Speaker 2: is now, Like you would get picked on and beaten up. 502 00:22:29,240 --> 00:22:31,199 Speaker 2: So when that movie came out, it was like the 503 00:22:31,280 --> 00:22:32,080 Speaker 2: number one movie. 504 00:22:32,160 --> 00:22:33,919 Speaker 3: It was very validating and has stayed with me. 505 00:22:34,920 --> 00:22:36,719 Speaker 1: I know you don't like blanket statements, but we're going 506 00:22:36,760 --> 00:22:40,520 Speaker 1: to go with a couple more. Will will comedies work 507 00:22:40,600 --> 00:22:42,280 Speaker 1: in theaters at any play the game? 508 00:22:42,359 --> 00:22:45,080 Speaker 4: I believe they can. I'm in our comedy tell. 509 00:22:46,240 --> 00:22:48,760 Speaker 5: In fact, we just started shooting a comedy on Monday 510 00:22:49,080 --> 00:22:52,240 Speaker 5: that Jonah Hill wrote and he's directing, and him and 511 00:22:52,400 --> 00:22:57,359 Speaker 5: Kristen Wiger starring as these overprivileged brothers and brother and 512 00:22:57,400 --> 00:23:00,720 Speaker 5: sisters who get cut off from their parents and it's 513 00:23:00,840 --> 00:23:03,200 Speaker 5: hysterical and we just started on Monday. 514 00:23:03,320 --> 00:23:04,920 Speaker 1: You told me about that movie, and then I looked 515 00:23:04,920 --> 00:23:06,360 Speaker 1: at the release late for next year, and I got 516 00:23:06,440 --> 00:23:08,440 Speaker 1: very nervous that its stated against the Odyssey. 517 00:23:08,600 --> 00:23:10,399 Speaker 2: Oh, I think it's perfect that we were hoping for, 518 00:23:10,480 --> 00:23:11,800 Speaker 2: like a repeater Barbenheimer. 519 00:23:12,160 --> 00:23:13,800 Speaker 4: We had a good time with Barbenheimer. 520 00:23:17,080 --> 00:23:19,000 Speaker 1: What is a movie that either one of you made 521 00:23:19,000 --> 00:23:21,080 Speaker 1: that you feel didn't get as much petit as it 522 00:23:21,080 --> 00:23:21,439 Speaker 1: should have. 523 00:23:22,520 --> 00:23:26,000 Speaker 2: Well, look, this is very personal. You're probably all going 524 00:23:26,080 --> 00:23:28,320 Speaker 2: to go, what was that movie? What is he talking about? 525 00:23:28,520 --> 00:23:30,720 Speaker 2: We made a movie called Serrano during the Pandemic for 526 00:23:30,840 --> 00:23:33,679 Speaker 2: MGM that you're director with Peter dinkwish that I just 527 00:23:33,800 --> 00:23:35,920 Speaker 2: cry through and love and I love all the music, 528 00:23:35,960 --> 00:23:37,600 Speaker 2: and I was really sorry we couldn't do better by 529 00:23:37,640 --> 00:23:38,280 Speaker 2: that movie. 530 00:23:39,119 --> 00:23:43,080 Speaker 1: Last question, do you feel that movies are as central 531 00:23:43,119 --> 00:23:46,119 Speaker 1: to culture today as they were when you started your careers. 532 00:23:46,160 --> 00:23:46,760 Speaker 4: Absolutely. 533 00:23:47,160 --> 00:23:50,440 Speaker 5: I think it's harder to engage the audience today than 534 00:23:50,440 --> 00:23:53,160 Speaker 5: maybe in the nineties when I started. But I think 535 00:23:53,200 --> 00:23:57,000 Speaker 5: when you have that that storm that comes of a 536 00:23:57,000 --> 00:24:00,600 Speaker 5: great filmmaker, a great story and kindling that you can 537 00:24:00,640 --> 00:24:02,240 Speaker 5: ignite with marketing. 538 00:24:02,119 --> 00:24:04,120 Speaker 4: I do think it pierces the culture. 539 00:24:04,400 --> 00:24:07,000 Speaker 5: I think we've seen that this year, over and over again, 540 00:24:07,160 --> 00:24:10,480 Speaker 5: whether it was Minecraft or Sinners or Weapons or even 541 00:24:10,520 --> 00:24:11,320 Speaker 5: Paul's movie. 542 00:24:11,400 --> 00:24:14,880 Speaker 4: Again, I went to the theater and went to. 543 00:24:14,840 --> 00:24:17,720 Speaker 5: The Vista to watch Paul's movie in VistaVision and show 544 00:24:17,720 --> 00:24:19,840 Speaker 5: it to my daughter last weekend for the first time, 545 00:24:20,160 --> 00:24:21,959 Speaker 5: and it was like being in a rock concert. 546 00:24:22,080 --> 00:24:23,760 Speaker 4: The way it played. It was thrilling. 547 00:24:23,960 --> 00:24:24,920 Speaker 3: Yeah, I'll go one better. 548 00:24:25,200 --> 00:24:29,240 Speaker 2: I think it's a public health service that we provide 549 00:24:29,520 --> 00:24:31,080 Speaker 2: because it's not a business. 550 00:24:30,600 --> 00:24:31,760 Speaker 3: Absolutely anything. 551 00:24:31,800 --> 00:24:36,160 Speaker 2: Today when we're David has TCM playing in his office 552 00:24:36,200 --> 00:24:37,600 Speaker 2: twenty four to seven. You know, all we do is 553 00:24:37,600 --> 00:24:39,920 Speaker 2: talk about movies all the time, and we talk about 554 00:24:40,000 --> 00:24:42,280 Speaker 2: their empathy machines when you go into a theater, when 555 00:24:42,280 --> 00:24:44,359 Speaker 2: you get off your couch, because let's face it, like, 556 00:24:44,920 --> 00:24:48,120 Speaker 2: is life better if you isolate more? No, it's better 557 00:24:48,160 --> 00:24:50,439 Speaker 2: when you go out and feel some collective humanity. So 558 00:24:50,440 --> 00:24:53,040 Speaker 2: when you're in a theater and you're in Minecraft, or 559 00:24:53,040 --> 00:24:55,040 Speaker 2: you're in Centers, you're in any of our movies and 560 00:24:55,080 --> 00:24:57,080 Speaker 2: people are laughing at the same joke or crying at 561 00:24:57,080 --> 00:24:59,480 Speaker 2: the same heartbreak, you feel connected. 562 00:25:00,040 --> 00:25:01,520 Speaker 3: And that's a good thing and we should have more 563 00:25:01,520 --> 00:25:01,760 Speaker 3: of it.