Pivot

Podbit · Pivot

Meta’s Prediction Market App, Europe vs. Big Tech, and Hollywood’s Comeback

Explore episode Jun 26, 2026

Where this was said

Hollywood's Box Office Comeback

At 25:19 · chapter starts 24:00

Kara opens the Hollywood segment with a pointed 'You predicted this, didn't you?' — and she did. Toy Story 5 opened to $312 million globally, and the 2026 U.S. domestic box office is on track for $4.46 billion, with the recovery powered not by Avengers-style tentpoles but by a diverse slate including mid-budget horror films like Backrooms and Obsession alongside prestige pictures. Scott frames the structural shift in terms of the cinema market bifurcating like airlines: IMAX is Emirates and Cinemark is Southwest — luxury experience versus budget efficiency. The middle-tier multiplex, like United or Delta, is getting crushed. He credits the IRL trend: post-COVID consumers have developed a visceral need to be around other humans, and the gag-reflex over social media isolation is driving them back to shared spaces. A brief tangent explores how Anthropic, SpaceX, and OpenAI IPO wealth is inflating VIP concert and travel prices as newly minted millionaires abandon the idea of saving for a home.

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