Lionsgate touts a live performance from The Weeknd, Leonardo DiCaprio unveils explosive footage from his new Paul Thomas Anderson film, and James Gunn teases his take on Superman; Matt Belloni reports the big bets being placed by studios at CinemaCon in Las Vegas. Also, what led to the ousting of Amazon MGM Studios chief Jen Salke? Kim Masters and Matt Belloni dive in with a heaping helping of banter.

Plus, Masters speaks to Rebecca Rhine about the Entertainment Union Coalition’s fight to keep film and television productions shooting in California. Rhine explains how local production incentives work, and how they differ from the ones luring studios to spend their money in other states and overseas. She also lays out the coalition’s plan to create a surge of middle class production jobs in the golden state, and tells us how she’d feel about meeting with Trump’s special ambassadors to Hollywood: John Voight, Sylvester Stallone, and Mel Gibson.

It’s no surprise that a majority of Gen Z prefers content creators over traditional entertainment, but can the Hollywood establishment find a way to feed the next generation’s media diet? Matt Belloni and The Hollywood Reporter’s Alex Weprin investigate.

Plus, we revisit Kim Masters’ conversation with 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.

In Hollywood’s latest changing of the guards, Jeremy Zimmer has announced that he will be shifting from his post as CEO of United Talent Agency to executive board member. What’s behind the shuffle? Plus, longtime Warner Bros partner, Village Roadshow recently filed for bankruptcy — even as arbitration continues over alleged financial losses due to the WB’s decision to release the Village Roadshow backed The Matrix Resurrections (2021) simultaneously in movie theaters and on Max. Kim Masters and Matt Belloni are here to unpack.

Masters also speaks to documentarian Alex Gibney about his mysterious new HBO project — The Dark Money Game. Gibney shares some big news about a change within Jigsaw (his production company). Plus, he reveals a very busy slate that includes projects on college culture wars, Luigi Mangione, and an ever-expanding documentary series about Elon Musk.