
The Town with Matthew Belloni Will Big Tech and AI Save or Kill Hollywood?
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Oct 30, 2025 Join Andrew Ross Sorkin, a prominent journalist and co-host of CNBC's 'Squawk Box,' as he unveils the intricate ties between tech, finance, and Hollywood. Explore the speculative edges of the AI bubble and its potential fallout on creative jobs. Sorkin shares insights on whether the Ellisons are building a tech-driven media empire and debates the emerging role of Middle Eastern investors in film. Plus, hear predictions about the future of horror films in the streaming era!
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AI Spending Masks A Broader Bubble
- The U.S. economy shows bubble-like behavior driven by massive AI and tech spending that masks broader weakness.
- Andrew Ross Sorkin warns this could pop or produce huge productivity-driven job cuts even if AI succeeds.
AI Productivity Could Mean Job Cuts
- Productivity from successful AI will likely mean cutting costs, and those costs are often people's jobs.
- Sorkin frames success as a potential pathway to large-scale workforce reductions in creative industries.
Paramount Looks Subscale Alone
- David Ellison's Paramount purchase can invigorate content spending but feels subscale versus Netflix without more consolidation.
- Sorkin thinks Ellison likely needs additional acquisitions to be competitive long term.





