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OpenAI shut down its viral Sora video app as it refocuses ahead of an IPO, killing a potential $1B Disney investment and ending a contested experiment that would have allowed user-generated videos featuring studio IP — a significant signal in studio-AI relations and IP protection strategy.
Disney+ EMEA head Angela Jain says the streamer will increase local commissioning and spend across Europe, unveiling new local originals at Series Mania including an Italian Hulu mystery Murder on Lake Garda and a Turkish vampire comedy The Strange Story of Gustav Maier—signaling a deliberate ramp-up of genre and unscripted slate investment.
A24 is adapting the viral Backrooms IP into a feature titled Backrooms (release date May 29, 2026) directed by Kane Parsons (Kane Pixels) with Chiwetel Ejiofor, Renate Reinsve and Mark Duplass attached — the studio is expanding the internet-born liminal-horror mythos into a major theatrical release.
Sundance Midnight breakout: Leviticus — Adrian Chiarella’s queer folk‑horror debut starring Joe Bird and Mia Wasikowska — is generating strong festival buzz and has secured distribution with Neon for a planned theatrical release later this year.
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Netflix has begun production in Budapest on Yeti, a horror‑thriller directed by Michael Chaves starring Chris Pine, Sofia Boutella, Ray Winstone and newcomer Iona Bell; PictureStart is producing with Pine and Hans Ritter as EPs and a logline about a father/daughter hunted by a primeval predator uncovered in glacial ice.
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