Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands.
As president of the investment bank Rainmaker Securities, whose focus includes private securities markets — it facilitates transactions in roughly 1,000 stocks — Anderson has a front-row seat to one of the most nail-biting moments in the history of the secondary market. And right now, he suggests, the narrative has three main characters: Anthropic, OpenAI, and SpaceX.
But the storyline is more complicated than the headlines suggest.
Anderson’s read on Anthropic is consistent with what Bloomberg reported earlier this week: demand for the company’s shares has become almost insatiable. Bloomberg quoted Ken Smythe, founder and CEO of Next Round Capital, saying that buyers had indicated to his outfit that they had $2 billion of cash ready to deploy into Anthropic, even as roughly $600 million in OpenAI shares that investors are trying to sell haven’t found takers.
Anderson sees something similar at Rainmaker. “The hardest stock to source in our marketplace is Anthropic,” he told TechCrunch yesterday afternoon from his Miami home. “There’s just no sellers.”
Part of what turbocharged that demand, Anderson argues, was Anthropic’s very public standoff with the Department of Defense — a turn of events that initially seemed like bad news for the company but has wound up becoming a gift.
“The app got more popular, people rallied around the company as kind of a hero, taking on big government,” he said. “I think it amplified the story and made it even more differentiated from OpenAI.”
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That distinction is becoming increasingly meaningful to investors navigating a market where, for years, the prevailing logic was to bet on everyone. Anderson notes that many institutional investors still want exposure to both Anthropic and OpenAI. “The jury’s still out,” he said, on which AI model will ultimately win – but the momentum, at least in the secondary market, has shifted.
That doesn’t mean OpenAI has fallen off a cliff. Anderson pushes back slightly on a binary reading of the situation.
“I wouldn’t say it’s a one-or-the-other conversation,” he said.
But the excitement isn’t there. “It’s not nearly as vibrant a market as Anthropic right now,” he acknowledged.
On valuation, Anderson broadly confirmed Bloomberg’s reporting that OpenAI shares on the secondary market are trading as if the company were valued at $765 billion — an appreciable discount to the company’s newest $852 billion primary-round valuation. He cautioned that he was working from memory, but said the Bloomberg figure was “in the right range.”
OpenAI itself has tried to assert more control over secondary trading. “People should be extremely cautious of any firm that purports to have access to OpenAI equity, including through an SPV,” an OpenAI spokesperson told Bloomberg, noting the company had established authorized channels through banks, with no fees, to counter what it described as a high-fee broker model.
Perhaps tellingly — at least for now — banks including Morgan Stanley and Goldman Sachs have begun offering OpenAI shares to their high-net-worth clients without charging carry fees, according to Bloomberg. Goldman, meanwhile, is charging its customary carry – often 15% to 20% of profits – for clients seeking Anthropic exposure.
What none of this accounts for is SpaceX, which stands apart amid shifting sentiment around these other powerful brands. Anderson describes it as one of the only names in Rainmaker’s universe that never experienced the punishing correction that hit much of the private market between 2022 and 2024, a period when many private companies’ shares fell 60% to 70% from their peaks (after their valuations were run up just as fast).
The rocket and satellite behemoth has “been pretty much consistently up and to the right,” Anderson said.
Anderson, who, naturally, has an economic interest in flattering the company and its earlier backers, credits SpaceX’s management with disciplined pricing and not squeezing every last dollar out of each funding round or tender offer.
“A lot of companies will fall for the temptation to maximize the price of their stock in every round,” he said. “The problem is that that doesn’t leave any room for error.”
SpaceX, by contrast, played it conservatively, by “not getting too greedy,” and the payoff for earlier investors has been enormous. “You can imagine if someone got in in 2015 what kind of gain they’re sitting on right now,” said Anderson.
To put a finer point on that comment: SpaceX was valued at roughly $12 billion in 2015, when Google and Fidelity jointly invested $1 billion in the company. Someone who got in at that price is now sitting on a gain of more than 100x, with the company valued at more than $1 trillion ahead of its planned IPO.
That IPO is now imminent, seemingly. SpaceX filed confidentially this week for an initial public offering, setting the stage for what could be one of the largest market debuts in history, with Elon Musk reportedly aiming to raise between $50 billion and $75 billion, possibly in June. Only Saudi Aramco’s 2019 debut, which valued the energy giant at $1.7 trillion, has come close.
Unsurprisingly, the rumored filing has already changed the dynamics of the secondary market for SpaceX shares, according to Anderson.
“Today, I saw a flood of SpaceX investors coming to me saying, ‘Can you give me SpaceX?’” he noted. “It’s been a very active buy side.” But supply is drying up. The closer a company gets to an IPO, the less incentive existing shareholders have to sell because they can see the liquidity event on the horizon.
That’s where things get a little dicier for OpenAI and Anthropic. Both companies are reportedly exploring public offerings of their own and have signaled they could move this year. But SpaceX, by filing first, is about to test the market’s appetite in a major way, and Anderson suggested that whoever follows will be at a disadvantage.
“SpaceX is going to soak up a lot of liquidity,” he said flatly. “There’s only so much money out there allocated to IPOs.” The first mover gets to the trough first; those who follow face both more scrutiny and, potentially, less capital.
It’s a dynamic that plays out in every so-called vertical and from which the AI companies aren’t completely immune, despite the attention being showered on them right now. Time your IPO too early and you’re the one testing market receptivity. Wait for someone else to go first, and you may find the biggest checks have already been written.
You can hear more of our interview with Anderson in the upcoming episode of the StrictlyVC Download podcast, which drops every Tuesday. In the meantime, check out recent episodes, including those with Whoop CEO Will Ahmed and investor Bill Gurley.
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#Anthropic #moment #private #markets #SpaceX #spoil #party #TechCrunch
![Mercor’s Brendan Foody calls out Sequoia over ‘dual-pricing’ valuation tricks | TechCrunch
In recent days, founders and founders-turned-investors took to X to share horror stories about being mistreated by VCs. Their complaints ranged from VCs falling asleep during pitch meetings to investors suggesting a founder fire a co-founder.
Brendan Foody, co-founder of the AI talent platform Mercor, which was last valued at billion, went so far as to call out Sequoia, arguably one of the most elite VC firms in the world.
“The “sequoia scam” is worse than a single horror story,” Foody wrote on X. “in the last 6 [months] ive seen a half dozen rounds where sequoia invests in 2 tranches. everyone pretends they only did the higher valuation. founders misrepresent this to their employees & then shop it to angels too.”
TechCrunch has previously reported on VCs investing in the same round at different valuations. Under this mechanism, the lead VC firm invests a significant chunk of its capital at a lower, preferential valuation, while putting a much smaller portion of capital in at a drastically higher price. The massive “headline” valuation that gets announced manufactures the perception of a dominant market winner, masking the fact that the lead investor’s actual average entry price was significantly lower.
The disparity can be stark. For example, when the AI-driven IT helpdesk startup Serval announced a million Series B at a billion valuation, the announcement didn’t tell the whole story. According to The Wall Street Journal, Sequoia’s actual lowest entry point valued the company at just 0 million — less than half the headline figure. The gap between those two numbers is the gap between perception and reality that Foody is pointing at.
Serval isn’t alone. At Aaru, a startup that uses AI to simulate user behavior for market research, lead investor Redpoint backed the company at a 0 million valuation despite an announced billion headline price.
Sequoia’s Shaun Maguire pushed back on Foody’s characterization directly. “TBH I have seen some of this behavior but I think it’s unfair to call it the ‘Sequoia scam,’” Maguire wrote in response to Foody on X. “This has happened approximately five times during my seven years at Sequoia. What happens is other investors are willing to pay a high price for a hot company — usually AI — at multiples above what we’re willing to pay. So we try to decouple the company-building relationship with our partner from the capital, and this leads to two tranches at different valuations in close succession.
“I’m not aware of anything shady here,” Maguire continued, “but if you’ve seen it I’d love to know. VC is a repeated game, so it just doesn’t make sense for us to try to mislead people. And if anyone has, I’d love to know. And in general, congrats on the success of Mercor — it was a miss for us.”
Maguire’s response frames the practice as a market reality rather than a deliberate maneuver — Sequoia, he suggests, is simply unwilling to pay what competitors will pay for the hottest deals, so it structures its participation differently. Whether that explanation fully holds up depends on a question Maguire doesn’t address: what founders are telling the people who don’t already know about the lower tranche.
Although Sequoia appears to use this pricing mechanism most frequently, Foody acknowledged it isn’t the only firm using this tactic. And while the dual-pricing structures certainly inflate a startup’s perceived worth and help attract top talent, calling the practice a “scam” may be going too far.
That’s because employee stock options should theoretically be priced based on the blended value of all tranches — not the headline number — according to Jason Woo, partner in valuation and financial modeling at Armanino, whose firm provides the independent 409A appraisals startups use to set option prices. A 409A is supposed to reflect a company’s fair market value, giving employees a strike price that’s insulated from whatever valuation gets announced in a press release.
There’s a catch: 409A valuations are widely understood to skew low. Because a lower strike price means a smaller tax bill for the company, there is a structural incentive to keep that number down. The appraisal that’s supposed to protect employees from an inflated headline valuation is also, by design, not trying particularly hard to reach the top of the range.
The angel question is more complicated. Unlike employees, angels are writing checks, not receiving options. There is no independent appraiser standing between an angel investor and whatever number a founder chooses to share.
The dual-pricing structure is just one of way VCs and founders game the perception of success in a hyper-competitive market. Another, more pervasive tactic involves manipulating or outright overstating annual recurring revenue (ARR).
The VC Niko Bonatsos, a longtime veteran of General Catalyst who more recently founded Verdict Capital, addressed this issue during one of TechCrunch’s events in Athens last month. “We [at Verdict] mostly invest before metrics, before product, before the company [has fully taken shape] but I do have a past portfolio, and sometimes the conversations are telling. I’ll get a call or an email with a very high ARR number. I’ll think: I didn’t remember that company doing so well. So I reach out to the founder: ‘What happened? Why are the numbers so strong?’ And the answer is: ‘Oh yeah, it’s 365 times the revenue we made yesterday because one of our campaigns hit.’ So yeah, some of these terms have lost meaning.”
Foody declined to comment further. Sequoia didn’t immediately respond to a request for comment.
— With additional reporting from Connie Loizos
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Mercors #Brendan #Foody #calls #Sequoia #dualpricing #valuation #tricks #TechCrunchMercor,Sequoia Partners,Valuations](https://i2.wp.com/techcrunch.com/wp-content/uploads/2024/11/GettyImages-1258486979.jpg?w=1024&ssl=1 "Mercor’s Brendan Foody calls out Sequoia over ‘dual-pricing’ valuation tricks | TechCrunch
In recent days, founders and founders-turned-investors took to X to share horror stories about being mistreated by VCs. Their complaints ranged from VCs falling asleep during pitch meetings to investors suggesting a founder fire a co-founder.
Brendan Foody, co-founder of the AI talent platform Mercor, which was last valued at billion, went so far as to call out Sequoia, arguably one of the most elite VC firms in the world.
“The “sequoia scam” is worse than a single horror story,” Foody wrote on X. “in the last 6 [months] ive seen a half dozen rounds where sequoia invests in 2 tranches. everyone pretends they only did the higher valuation. founders misrepresent this to their employees & then shop it to angels too.”
TechCrunch has previously reported on VCs investing in the same round at different valuations. Under this mechanism, the lead VC firm invests a significant chunk of its capital at a lower, preferential valuation, while putting a much smaller portion of capital in at a drastically higher price. The massive “headline” valuation that gets announced manufactures the perception of a dominant market winner, masking the fact that the lead investor’s actual average entry price was significantly lower.
The disparity can be stark. For example, when the AI-driven IT helpdesk startup Serval announced a million Series B at a billion valuation, the announcement didn’t tell the whole story. According to The Wall Street Journal, Sequoia’s actual lowest entry point valued the company at just 0 million — less than half the headline figure. The gap between those two numbers is the gap between perception and reality that Foody is pointing at.
Serval isn’t alone. At Aaru, a startup that uses AI to simulate user behavior for market research, lead investor Redpoint backed the company at a 0 million valuation despite an announced billion headline price.
Sequoia’s Shaun Maguire pushed back on Foody’s characterization directly. “TBH I have seen some of this behavior but I think it’s unfair to call it the ‘Sequoia scam,’” Maguire wrote in response to Foody on X. “This has happened approximately five times during my seven years at Sequoia. What happens is other investors are willing to pay a high price for a hot company — usually AI — at multiples above what we’re willing to pay. So we try to decouple the company-building relationship with our partner from the capital, and this leads to two tranches at different valuations in close succession.
“I’m not aware of anything shady here,” Maguire continued, “but if you’ve seen it I’d love to know. VC is a repeated game, so it just doesn’t make sense for us to try to mislead people. And if anyone has, I’d love to know. And in general, congrats on the success of Mercor — it was a miss for us.”
Maguire’s response frames the practice as a market reality rather than a deliberate maneuver — Sequoia, he suggests, is simply unwilling to pay what competitors will pay for the hottest deals, so it structures its participation differently. Whether that explanation fully holds up depends on a question Maguire doesn’t address: what founders are telling the people who don’t already know about the lower tranche.
Although Sequoia appears to use this pricing mechanism most frequently, Foody acknowledged it isn’t the only firm using this tactic. And while the dual-pricing structures certainly inflate a startup’s perceived worth and help attract top talent, calling the practice a “scam” may be going too far.
That’s because employee stock options should theoretically be priced based on the blended value of all tranches — not the headline number — according to Jason Woo, partner in valuation and financial modeling at Armanino, whose firm provides the independent 409A appraisals startups use to set option prices. A 409A is supposed to reflect a company’s fair market value, giving employees a strike price that’s insulated from whatever valuation gets announced in a press release.
There’s a catch: 409A valuations are widely understood to skew low. Because a lower strike price means a smaller tax bill for the company, there is a structural incentive to keep that number down. The appraisal that’s supposed to protect employees from an inflated headline valuation is also, by design, not trying particularly hard to reach the top of the range.
The angel question is more complicated. Unlike employees, angels are writing checks, not receiving options. There is no independent appraiser standing between an angel investor and whatever number a founder chooses to share.
The dual-pricing structure is just one of way VCs and founders game the perception of success in a hyper-competitive market. Another, more pervasive tactic involves manipulating or outright overstating annual recurring revenue (ARR).
The VC Niko Bonatsos, a longtime veteran of General Catalyst who more recently founded Verdict Capital, addressed this issue during one of TechCrunch’s events in Athens last month. “We [at Verdict] mostly invest before metrics, before product, before the company [has fully taken shape] but I do have a past portfolio, and sometimes the conversations are telling. I’ll get a call or an email with a very high ARR number. I’ll think: I didn’t remember that company doing so well. So I reach out to the founder: ‘What happened? Why are the numbers so strong?’ And the answer is: ‘Oh yeah, it’s 365 times the revenue we made yesterday because one of our campaigns hit.’ So yeah, some of these terms have lost meaning.”
Foody declined to comment further. Sequoia didn’t immediately respond to a request for comment.
— With additional reporting from Connie Loizos
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Mercors #Brendan #Foody #calls #Sequoia #dualpricing #valuation #tricks #TechCrunchMercor,Sequoia Partners,Valuations")
![The New ‘Ghostbusters’ Cartoon Gets a Title and Release Date
Robert Downey, Jr.’s Doctor Doom gets an action figure. Bruce Campbell says Evil Dead has “moved away” from familiar favorites. Two new horror movies explore poodle breeding and the Civil War. They’re here already! You’re next! It’s Morning Spoilers! Brine Deadline reports Jennifer Holland (Peacemaker) and Dave Annable (Lioness) will star in Brine, a “supernatural Civil War thriller” from director B.J. Golnick. Co-starring Jonah Wharton, Sissy Sheridan, and Grayson Lay the story concerns “a family of Confederate deserters who escape the Union bombardment of Fort Pulaski with a cache of stolen gold and disappear into the Georgia marshlands. When they take refuge in a remote plantation house, what first appears to be salvation slowly reveals itself as part of something ancient, predatory and impossible to escape.” Untitled Spy Comedy Deadline also had word Henry Cavill will star alongside Kevin Hart in a currently untitled “spy comedy” at Netflix from director McG. Said to be “based on a short story by Sean Lewis,” the story follows “two rival spies who cross paths in a Lamaze class, and whose wives become fast friends. Their double lives subsequently collide in unexpectedly hilarious and dangerous ways, forcing the two men to reluctantly become confidantes and partners on the road to fatherhood.”
Breeder Variety reports Daniel Doheny, Dot Marie Jones, Maddie Phillips, and Tanaya Beatty will star in Breeder, a horror movie from director Alex Goyette that sounds quite a bit like Sssssss with poodles. The film concerns “an eccentric poodle breeder who lures a broke college student to her remote ranch with a promise of research funding. As he soon learns, there’s a catch.”
Evil Dead Burn/Evil Dead Wrath In a recent interview with Deadline, Bruce Campbell stated the Evil Dead franchise has “moved away” from Ash Williams, Sam Raimi, and the cabin in the woods. No, no. I think I think basically from Evil Dead Rise on, Ash is… you know, they wanted some little gag of Ash at the end of the movie. We did that as a lark. He’s not part of any big overriding story or scheme. [The Evil Dead has] done three things: We moved away from the cabin, we’ve moved away from Sam Raimi, we’ve moved away from Ash and Bruce Campbell. Thankfully, Evil Dead Rise made the most of any money we’ve made from any Evil Dead, so far, and it validated the fact that we can get away from those main elements. You’ve got to find a new audience, because the original Evil Dead fans, you get some of them, you’re not going to get all of them, because they like those original elements. They like me and Sam and Ash and all that sort of crap. Man of Tomorrow Lex Luthor pulls a ray gun on Superman in newly-leaked photos from the Man of Tomorrow set. David Corenswet and Nicholas Hoult filming “Superman: Man of Tomorrow” in Atlanta 05/06/26 pic.twitter.com/goNKFF8CSw — 🐤 (@hsufhkshndk11) June 6, 2026 Avengers: Doomsday A new slate of tie-in action figures provides the best looks yet at Doctor Doom, Captain America and Thor in Avengers: Doomsday.
First look at Hasbro’s Doctor Doom, Captain America and Thor action figures for ‘AVENGERS: DOOMSDAY’ 📷: @idlehandsblog pic.twitter.com/MiqHxoWKWT — Avengers Updates (@AvengersUpdated) June 7, 2026 Toy Story 5 Taylor Swift has released a music video for her song from the Toy Story 5 soundtrack comprised entirely of Jessie clips. [embed]https://www.youtube.com/watch?v=hDU4GB1PTxc[/embed] The Last of Us According to the Director’s Guild of Canada (via Screen Rant), filming on the third season of The Last of Us has temporarily ceased beginning June 1 and will not resume until June 28. The reason for the hiatus is not currently known. Ghostbusters: Night Shift Finally, Netflix has revealed the new Ghostbusters animated series is officially titled Night Shift and is slated for release sometime next tear. Can’t contain this one any longer. Ghostbusters: Night Shift, an original animated series, is coming to Netflix in 2027. pic.twitter.com/mZvvmpAnG0 — Ghostbusters (@Ghostbusters) June 6, 2026 Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Ghostbusters #Cartoon #Title #Release #DateEvil Dead Burn,Ghostbusters: Night Shift,Man of Tomorrow,Morning Spoilers,Toy Story 5](https://i2.wp.com/gizmodo.com/app/uploads/2026/06/Morning-Spoilers-June-8-1280x853.jpg?ssl=1 "The New ‘Ghostbusters’ Cartoon Gets a Title and Release Date
Robert Downey, Jr.’s Doctor Doom gets an action figure. Bruce Campbell says Evil Dead has “moved away” from familiar favorites. Two new horror movies explore poodle breeding and the Civil War. They’re here already! You’re next! It’s Morning Spoilers! Brine Deadline reports Jennifer Holland (Peacemaker) and Dave Annable (Lioness) will star in Brine, a “supernatural Civil War thriller” from director B.J. Golnick. Co-starring Jonah Wharton, Sissy Sheridan, and Grayson Lay the story concerns “a family of Confederate deserters who escape the Union bombardment of Fort Pulaski with a cache of stolen gold and disappear into the Georgia marshlands. When they take refuge in a remote plantation house, what first appears to be salvation slowly reveals itself as part of something ancient, predatory and impossible to escape.” Untitled Spy Comedy Deadline also had word Henry Cavill will star alongside Kevin Hart in a currently untitled “spy comedy” at Netflix from director McG. Said to be “based on a short story by Sean Lewis,” the story follows “two rival spies who cross paths in a Lamaze class, and whose wives become fast friends. Their double lives subsequently collide in unexpectedly hilarious and dangerous ways, forcing the two men to reluctantly become confidantes and partners on the road to fatherhood.”
Breeder Variety reports Daniel Doheny, Dot Marie Jones, Maddie Phillips, and Tanaya Beatty will star in Breeder, a horror movie from director Alex Goyette that sounds quite a bit like Sssssss with poodles. The film concerns “an eccentric poodle breeder who lures a broke college student to her remote ranch with a promise of research funding. As he soon learns, there’s a catch.”
Evil Dead Burn/Evil Dead Wrath In a recent interview with Deadline, Bruce Campbell stated the Evil Dead franchise has “moved away” from Ash Williams, Sam Raimi, and the cabin in the woods. No, no. I think I think basically from Evil Dead Rise on, Ash is… you know, they wanted some little gag of Ash at the end of the movie. We did that as a lark. He’s not part of any big overriding story or scheme. [The Evil Dead has] done three things: We moved away from the cabin, we’ve moved away from Sam Raimi, we’ve moved away from Ash and Bruce Campbell. Thankfully, Evil Dead Rise made the most of any money we’ve made from any Evil Dead, so far, and it validated the fact that we can get away from those main elements. You’ve got to find a new audience, because the original Evil Dead fans, you get some of them, you’re not going to get all of them, because they like those original elements. They like me and Sam and Ash and all that sort of crap. Man of Tomorrow Lex Luthor pulls a ray gun on Superman in newly-leaked photos from the Man of Tomorrow set. David Corenswet and Nicholas Hoult filming “Superman: Man of Tomorrow” in Atlanta 05/06/26 pic.twitter.com/goNKFF8CSw — 🐤 (@hsufhkshndk11) June 6, 2026 Avengers: Doomsday A new slate of tie-in action figures provides the best looks yet at Doctor Doom, Captain America and Thor in Avengers: Doomsday.
First look at Hasbro’s Doctor Doom, Captain America and Thor action figures for ‘AVENGERS: DOOMSDAY’ 📷: @idlehandsblog pic.twitter.com/MiqHxoWKWT — Avengers Updates (@AvengersUpdated) June 7, 2026 Toy Story 5 Taylor Swift has released a music video for her song from the Toy Story 5 soundtrack comprised entirely of Jessie clips. [embed]https://www.youtube.com/watch?v=hDU4GB1PTxc[/embed] The Last of Us According to the Director’s Guild of Canada (via Screen Rant), filming on the third season of The Last of Us has temporarily ceased beginning June 1 and will not resume until June 28. The reason for the hiatus is not currently known. Ghostbusters: Night Shift Finally, Netflix has revealed the new Ghostbusters animated series is officially titled Night Shift and is slated for release sometime next tear. Can’t contain this one any longer. Ghostbusters: Night Shift, an original animated series, is coming to Netflix in 2027. pic.twitter.com/mZvvmpAnG0 — Ghostbusters (@Ghostbusters) June 6, 2026 Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Ghostbusters #Cartoon #Title #Release #DateEvil Dead Burn,Ghostbusters: Night Shift,Man of Tomorrow,Morning Spoilers,Toy Story 5")
![The New ‘Ghostbusters’ Cartoon Gets a Title and Release Date
Robert Downey, Jr.’s Doctor Doom gets an action figure. Bruce Campbell says Evil Dead has “moved away” from familiar favorites. Two new horror movies explore poodle breeding and the Civil War. They’re here already! You’re next! It’s Morning Spoilers! Brine Deadline reports Jennifer Holland (Peacemaker) and Dave Annable (Lioness) will star in Brine, a “supernatural Civil War thriller” from director B.J. Golnick. Co-starring Jonah Wharton, Sissy Sheridan, and Grayson Lay the story concerns “a family of Confederate deserters who escape the Union bombardment of Fort Pulaski with a cache of stolen gold and disappear into the Georgia marshlands. When they take refuge in a remote plantation house, what first appears to be salvation slowly reveals itself as part of something ancient, predatory and impossible to escape.” Untitled Spy Comedy Deadline also had word Henry Cavill will star alongside Kevin Hart in a currently untitled “spy comedy” at Netflix from director McG. Said to be “based on a short story by Sean Lewis,” the story follows “two rival spies who cross paths in a Lamaze class, and whose wives become fast friends. Their double lives subsequently collide in unexpectedly hilarious and dangerous ways, forcing the two men to reluctantly become confidantes and partners on the road to fatherhood.”
Breeder Variety reports Daniel Doheny, Dot Marie Jones, Maddie Phillips, and Tanaya Beatty will star in Breeder, a horror movie from director Alex Goyette that sounds quite a bit like Sssssss with poodles. The film concerns “an eccentric poodle breeder who lures a broke college student to her remote ranch with a promise of research funding. As he soon learns, there’s a catch.”
Evil Dead Burn/Evil Dead Wrath In a recent interview with Deadline, Bruce Campbell stated the Evil Dead franchise has “moved away” from Ash Williams, Sam Raimi, and the cabin in the woods. No, no. I think I think basically from Evil Dead Rise on, Ash is… you know, they wanted some little gag of Ash at the end of the movie. We did that as a lark. He’s not part of any big overriding story or scheme. [The Evil Dead has] done three things: We moved away from the cabin, we’ve moved away from Sam Raimi, we’ve moved away from Ash and Bruce Campbell. Thankfully, Evil Dead Rise made the most of any money we’ve made from any Evil Dead, so far, and it validated the fact that we can get away from those main elements. You’ve got to find a new audience, because the original Evil Dead fans, you get some of them, you’re not going to get all of them, because they like those original elements. They like me and Sam and Ash and all that sort of crap. Man of Tomorrow Lex Luthor pulls a ray gun on Superman in newly-leaked photos from the Man of Tomorrow set. David Corenswet and Nicholas Hoult filming “Superman: Man of Tomorrow” in Atlanta 05/06/26 pic.twitter.com/goNKFF8CSw — 🐤 (@hsufhkshndk11) June 6, 2026 Avengers: Doomsday A new slate of tie-in action figures provides the best looks yet at Doctor Doom, Captain America and Thor in Avengers: Doomsday.
First look at Hasbro’s Doctor Doom, Captain America and Thor action figures for ‘AVENGERS: DOOMSDAY’ 📷: @idlehandsblog pic.twitter.com/MiqHxoWKWT — Avengers Updates (@AvengersUpdated) June 7, 2026 Toy Story 5 Taylor Swift has released a music video for her song from the Toy Story 5 soundtrack comprised entirely of Jessie clips. [embed]https://www.youtube.com/watch?v=hDU4GB1PTxc[/embed] The Last of Us According to the Director’s Guild of Canada (via Screen Rant), filming on the third season of The Last of Us has temporarily ceased beginning June 1 and will not resume until June 28. The reason for the hiatus is not currently known. Ghostbusters: Night Shift Finally, Netflix has revealed the new Ghostbusters animated series is officially titled Night Shift and is slated for release sometime next tear. Can’t contain this one any longer. Ghostbusters: Night Shift, an original animated series, is coming to Netflix in 2027. pic.twitter.com/mZvvmpAnG0 — Ghostbusters (@Ghostbusters) June 6, 2026 Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Ghostbusters #Cartoon #Title #Release #DateEvil Dead Burn,Ghostbusters: Night Shift,Man of Tomorrow,Morning Spoilers,Toy Story 5](https://gizmodo.com/app/uploads/2026/06/Morning-Spoilers-June-8-1280x853.jpg "The New ‘Ghostbusters’ Cartoon Gets a Title and Release Date
Robert Downey, Jr.’s Doctor Doom gets an action figure. Bruce Campbell says Evil Dead has “moved away” from familiar favorites. Two new horror movies explore poodle breeding and the Civil War. They’re here already! You’re next! It’s Morning Spoilers! Brine Deadline reports Jennifer Holland (Peacemaker) and Dave Annable (Lioness) will star in Brine, a “supernatural Civil War thriller” from director B.J. Golnick. Co-starring Jonah Wharton, Sissy Sheridan, and Grayson Lay the story concerns “a family of Confederate deserters who escape the Union bombardment of Fort Pulaski with a cache of stolen gold and disappear into the Georgia marshlands. When they take refuge in a remote plantation house, what first appears to be salvation slowly reveals itself as part of something ancient, predatory and impossible to escape.” Untitled Spy Comedy Deadline also had word Henry Cavill will star alongside Kevin Hart in a currently untitled “spy comedy” at Netflix from director McG. Said to be “based on a short story by Sean Lewis,” the story follows “two rival spies who cross paths in a Lamaze class, and whose wives become fast friends. Their double lives subsequently collide in unexpectedly hilarious and dangerous ways, forcing the two men to reluctantly become confidantes and partners on the road to fatherhood.”
Breeder Variety reports Daniel Doheny, Dot Marie Jones, Maddie Phillips, and Tanaya Beatty will star in Breeder, a horror movie from director Alex Goyette that sounds quite a bit like Sssssss with poodles. The film concerns “an eccentric poodle breeder who lures a broke college student to her remote ranch with a promise of research funding. As he soon learns, there’s a catch.”
Evil Dead Burn/Evil Dead Wrath In a recent interview with Deadline, Bruce Campbell stated the Evil Dead franchise has “moved away” from Ash Williams, Sam Raimi, and the cabin in the woods. No, no. I think I think basically from Evil Dead Rise on, Ash is… you know, they wanted some little gag of Ash at the end of the movie. We did that as a lark. He’s not part of any big overriding story or scheme. [The Evil Dead has] done three things: We moved away from the cabin, we’ve moved away from Sam Raimi, we’ve moved away from Ash and Bruce Campbell. Thankfully, Evil Dead Rise made the most of any money we’ve made from any Evil Dead, so far, and it validated the fact that we can get away from those main elements. You’ve got to find a new audience, because the original Evil Dead fans, you get some of them, you’re not going to get all of them, because they like those original elements. They like me and Sam and Ash and all that sort of crap. Man of Tomorrow Lex Luthor pulls a ray gun on Superman in newly-leaked photos from the Man of Tomorrow set. David Corenswet and Nicholas Hoult filming “Superman: Man of Tomorrow” in Atlanta 05/06/26 pic.twitter.com/goNKFF8CSw — 🐤 (@hsufhkshndk11) June 6, 2026 Avengers: Doomsday A new slate of tie-in action figures provides the best looks yet at Doctor Doom, Captain America and Thor in Avengers: Doomsday.
First look at Hasbro’s Doctor Doom, Captain America and Thor action figures for ‘AVENGERS: DOOMSDAY’ 📷: @idlehandsblog pic.twitter.com/MiqHxoWKWT — Avengers Updates (@AvengersUpdated) June 7, 2026 Toy Story 5 Taylor Swift has released a music video for her song from the Toy Story 5 soundtrack comprised entirely of Jessie clips. [embed]https://www.youtube.com/watch?v=hDU4GB1PTxc[/embed] The Last of Us According to the Director’s Guild of Canada (via Screen Rant), filming on the third season of The Last of Us has temporarily ceased beginning June 1 and will not resume until June 28. The reason for the hiatus is not currently known. Ghostbusters: Night Shift Finally, Netflix has revealed the new Ghostbusters animated series is officially titled Night Shift and is slated for release sometime next tear. Can’t contain this one any longer. Ghostbusters: Night Shift, an original animated series, is coming to Netflix in 2027. pic.twitter.com/mZvvmpAnG0 — Ghostbusters (@Ghostbusters) June 6, 2026 Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Ghostbusters #Cartoon #Title #Release #DateEvil Dead Burn,Ghostbusters: Night Shift,Man of Tomorrow,Morning Spoilers,Toy Story 5")
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