Investor Gerry Cardinale on Why WarnerMount Will Work, Middle East Money, and Layoffs

Investor Gerry Cardinale on Why WarnerMount Will Work, Middle East Money, and Layoffs

Author: The Ringer March 5, 2026 Duration: 40:37
Matt is joined by Gerry Cardinale, founder and managing partner at RedBird Capital, the private equity fund backing Paramount’s takeover of Warner Bros. Discovery, to answer some questions about what WarnerMount will look like, including if they plan to sell off one or both of the Paramount and Warner Bros. lots, why cost cuts won’t lead to layoffs, details around possible Middle East investment, and why this mega deal is good for Hollywood (00:00). Matt finishes the show with an opening weekend box office prediction for ‘Hoppers’ and ‘The Bride!’ (34:02). Host: Matt Belloni Guest: Gerry Cardinale Producers: Craig Horlbeck, Jon Jones, Stefano Sanchez, and Carlos Chiriboga Theme Song: Devon Renaldo The Clyburn family searches for connection in Montana's Madison Valley. The Madison, New Series streaming March 14th - only on Paramount+. ZOOTOPIA 2. FOR YOUR CONSIDERATION FOR BEST ANIMATED FEATURE. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ever wonder what Hollywood executives are really arguing about in their private meetings, or how the fate of a billion-dollar franchise gets decided over a tense lunch? That’s the kind of access you get with The Town with Matthew Belloni. Hosted by Puck founding partner Matt Belloni, this isn't just industry gossip-it's a direct line to the mechanics of entertainment, powered by exclusive reporting and decades of insight. Each episode pulls back the curtain on the stories behind the stories, whether it's the strategy of the latest streaming war or the creative battles inside a Marvel movie. Several times a week, Belloni sits down with the major players themselves: the dealmakers, studio heads, and journalists who are shaping what we watch. Their conversations cut straight to the core of what’s getting made and why, pinpointing who’s winning and who’s losing in real time. Listening to this podcast feels like having a front-row seat to the most important conversations in show business, the ones that happen after the cameras stop rolling. For anyone fascinated by the intersection of power, money, and creativity in culture, The Town delivers the unfiltered context that turns headlines into understanding.
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The Town with Matthew Belloni
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