First Take 10/21/25

First Take 10/21/25

Plus: The 5 biggest questions ahead of earnings season, Disney+'s cancellation rates during the Kimmel suspension and more

Once dismissed as a niche Chinese fad, short dramas are now one of the fastest-growing scripted formats — and Hollywood’s studios, producers and investors are finally catching on. (Christopher Smith for TheWrap)

1. Vertical Micro-Dramas Are an $8 Billion Business. Hollywood Is Finally Paying Attention

From L to R: Disney CEO Bob Iger, Jimmy Kimmel, Netflix co-CEOs Ted Sarandos and Greg Peters, WBD CEO David Zaslav and Paramount CEO David Ellison (Christopher Smith for TheWrap/Getty Images)

2. Earnings Preview: From Disney's Kimmel Fallout to Paramount-WBD Drama, Our 5 Biggest Questions

3. Warner Bros. Discovery Has Received Interest From 'Multiple Parties' for Both the Company and WB

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4. Disney+ and Hulu Cancellation Rates Doubled Amid Jimmy Kimmel Suspension Saga

Bryan Cranston (Getty Images)

5. OpenAI Works With SAG-AFTRA, Agencies on Sora 2 Guardrails After Pressure From Bryan Cranston

John Cena, with cuts on his face, suited up as Peacemaker (no helmet) in "Peacemaker"

6. HBO Max Raises Prices for All Subscription Plans

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7. Disney Nixed a Ben Solo 'Star Wars' Movie Directed by Steven Soderbergh and Starring Adam Driver

Video of the Day

Jon Stewart Roasts Fox News’ Shock at the Number of ‘Old, White People’ at ‘No Kings’ Protests: ‘They’re Jealous’

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Jon Stewart hosting the July 28, 2025 edition of "The Daily Show" (Credit: Comedy Central)

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Football Drives 20% Broadcast Viewership Spike in September

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‘The Summer I Turned Pretty’ Nabs 6.57 Billion Viewing Minutes

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