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Sony Pictures’ FY operating income fell 11% to $687M after impairment from shuttering Pixomondo, while underlying profit rose; motion picture revenue slid with anime and animation (Demon Slayer, Chainsaw Man) driving top performers and Sony shifting VFX focus to Canada for incentives.
A24's Backrooms, produced for under $10M and directed by 23-year-old Kane Parsons from his viral short, is tracking $25M–$30M opening domestically despite mixed early festival reactions at Beyond Fest; the film features Chiwetel Ejiofor, Renate Reinsve, Mark Duplass, and counts Shawn Levy and James Wan among producers.
Netflix greenlights Florida, a mini-series sequel to Norwegian disaster hit La Palma, continuing the franchise’s large-scale disaster scope with writer Lars Gudmestad and director Cecilie Mosli attached and production by Fantefilm to shift the action to a Norwegian community in the U.S.
A24/Chernin/21 Laps/Atomic Monster’s Backrooms is tracking near a $20M domestic opening for Memorial Day weekend; production cost reported under $10M (financed by Chernin); film stars Chiwetel Ejiofor, Renate Reinsve and Mark Duplass and adapts the Kane Pixels Backrooms IP with director Kate Parsons.
Studiocanal; landed option and will fully finance Freida McFadden’s The Divorce with Working Title attached as co‑producer; Ron Halpern and Joe Naftalin overseeing and Studiocanal Stories to handle global distribution across its territories.
A24's Backrooms; early critical reactions unite behind Kane Parsons' feature debut as a claustrophobic, concept-driven horror with standout performances from Chiwetel Ejiofor and Renate Reinsve; opens May 29, 2026 and positions Parsons as a director to watch in the genre.
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