
New film company founded by tech industry veterans wants to make Hollywood pro-American again
The backers of the new project, called Founders Films, believe there's a growing appetite among audiences for bold stories that inspire and celebrate the American spirit. But they say that content has become increasingly rare in mainstream entertainment.
"Movies have become more ideological, more cautious, and less entertaining," the company wrote in a pitch to investors, first reported by Semafor. "Large segments of American and international viewers are underserved. Production costs have soared and sales are flagging."
The new studio aims to fill that gap by producing a range of content — from historical dramas to big-budget blockbusters — that celebrates American greatness, ingenuity and heroism. The commercial success of films like "Top Gun: Maverick" and "Oppenheimer" and series such as "Yellowstone" show that audiences are hungry for these types of stories, sources close to the project told Fox News Digital.
While "unapologetically pro-American," Founders Films stresses that its mission is not partisan. Rather, it wants to make compelling films with a broad appeal.
The project is already attracting significant interest from investors and collaborators, the sources said. One project has already been sold to a major studio. The company hopes to produce its own films, collaborate with other production companies and finance the development of other projects that align with its mission.
Proposed project ideas include a film dramatizing the evacuation of the World Trade Center on 9/11, a movie about the "botched withdrawal from Afghanistan" and a multi-season spy thriller exposing "China's plans to replace the United States as the dominant global power," according to the Semafor report.
Founders Films' leadership team has ties to Palantir, a tech giant which builds defense software solutions for the U.S. military and Allied forces.
One of the film company's co-founders is Shyam Sankar, chief technology officer at Palantir. Ryan Podolsky, an early Palantir employee and U.S. Marine veteran, also serves as co-founder and CEO of the film company, while investor Christian Garrett is the third co-founder.
Sankar immigrated to the United States as a child after fleeing violence in Nigeria and has often spoken about his gratitude to the United States. In a blog post late last year, he outlined his vision for the new film project, saying Hollywood needs to return to the "American cinematic universe" that shaped his love for America.
"I remember growing up as an immigrant kid at the end of the Cold War, watching movies like Red Dawn, Top Gun, Rocky IV, and The Hunt for Red October," he wrote in the December 2024 Substack post. "These movies were the pump-up material of Peak America. They were awesome, and they instilled a healthy aversion to ushanka-wearing commies, for good measures."
Sankar called out Hollywood executives for being unwilling to criticize America's adversaries today out of fear doing so would hurt them financially.
"America is in the middle of Cold War II against a communist enemy with more people, more money, and more military might than the Soviets ever had," he wrote in the post. "The CCP is playing a more careful game than the Kremlin, but as the Uyghurs, Tibetans, and Taiwanese know, it's no less tyrannical, even genocidal."
"What is Hollywood doing to expose this new villain and inspire Americans? When was the last time you saw the CCP presented as a bad guy in a major motion picture, like the USSR? Cold War II is heating up, yet the American Cinematic Universe is AWOL. Worse than that, it's compromised by Chinese influence," he wrote.
"Breaking out of our cultural malaise will require the studios to wake up and choose America," his post went on to say. "But it will also require a new crop of artists who are disenchanted with the status quo and who can re-enchant audiences with new, well-told stories."
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Our rigorous application of the Veralto Enterprise System continued to support global growth and operating discipline, while also helping mitigate impacts from changes in global trade policies," said Jennifer L. Honeycutt, President and Chief Executive Officer. "Through the first half, we grew core sales mid-single-digits, expanded adjusted operating profit margins and delivered double-digit adjusted earnings per share growth. These results are a testament to the focused efforts of our global team, our durable business model and secular growth drivers across our end markets," "Based on our first half performance, stable demand across our end markets and our current assessment of macro-economic conditions, we raised our full year core sales growth and adjusted earnings per share guidance. Veralto's financial position remains strong, and we continue to be prudent in evaluating capital allocation opportunities to fuel long-term shareholder value," concluded Honeycutt. 2025 Guidance The Company provides forecasted sales only on a non-GAAP basis because of the difficulty in estimating the other components of GAAP sales, such as currency translation, acquisitions, and divestitures. The guidance below includes the Company's current assessment of the macro-economic environment, including tariffs and the Company's actions to mitigate adverse financial impacts. For the third quarter of 2025, Veralto anticipates that non-GAAP core sales will grow mid-single-digits year-over-year with adjusted diluted earnings per share in the range of $0.91 to $0.95 per share. For the full year 2025, the Company raised its adjusted earnings per share guidance range to $3.72 to $3.80 per share, up from its prior guidance range of $3.60 to $3.70 per share. The Company also increased its full year core sales growth assumption to mid-single-digits, up from its prior assumption of low-to-mid-single-digits. The Company maintained its expectation for full year adjusted operating profit margin expansion in the range of flat to +50 basis points year-over-year and for its free cash flow conversion in the range of 90% to 100%. Conference Call and Webcast Information Veralto will discuss its second quarter results and financial guidance for 2025 during its quarterly investor conference call tomorrow starting at 8:30 a.m. (ET). Access to the call, webcast and an accompanying slide presentation will be available on the "Investors" section of Veralto's website, under the subheading "News & Events" and additional materials will be posted to the same section of Veralto's website. A replay of the webcast will be available in the same section of Veralto's website shortly after the conclusion of the call and will remain available until the next quarterly earnings call. The conference call can be accessed by dialing +1 (800) 343-4136 (U.S.) or +1 (203) 518-9843 (INTL) (Conference ID: VLTO2Q25). A replay of the conference call will be available shortly after the conclusion of the call and until August 7, 2025. You can access the replay dial-in information on the "Investors" section of Veralto's website under the subheading "News & Events." ABOUT VERALTO With annual sales of over $5 billion, Veralto is a global leader in essential technology solutions with a proven track record of solving some of the most complex challenges we face as a society. Our industry-leading companies with globally recognized brands help billions of people around the world access clean water, safe food and trusted essential goods. Headquartered in Waltham, Massachusetts, our global team of nearly 17,000 associates is committed to making an enduring positive impact on our world and united by a powerful purpose: Safeguarding the World's Most Vital Resources™. NON-GAAP MEASURES AND SUPPLEMENTAL MATERIALS In addition to the financial measures prepared in accordance with generally accepted accounting principles (GAAP), this earnings release also contains non-GAAP financial measures. Calculations of these measures, the reasons why we believe these measures provide useful information to investors, a reconciliation of these measures to the most directly comparable GAAP measures, as applicable, and other information relating to these non-GAAP measures are included in the supplemental reconciliation schedule attached. In addition, this earnings release, the slide presentation accompanying the related earnings call, non-GAAP reconciliations and a note containing details of historical and anticipated, future financial performance have been posted to the "Investors" section of Veralto's website ( under the subheading "Quarterly Earnings." FORWARD-LOOKING STATEMENTS Certain statements in this release, including statements regarding the Company's third quarter and full year 2025 financial performance and guidance, the Company's differentiation and positioning to continue delivering sustainable, long-term shareholder value and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are "forward-looking" statements within the meaning of the federal securities laws. All statements other than historical factual information are forward-looking statements, including, without limitation, statements regarding: projections of revenue, expenses, profit, profit margins, asset values, pricing, tax rates, tax provisions, cash flows, pension and benefit obligations and funding requirements, Veralto's liquidity position or other projected financial measures; Veralto's management's plans and strategies for future operations, including statements relating to anticipated operating performance, customer demand, cost reductions, restructuring activities, new product and service developments, competitive strengths or market position, acquisitions and the integration thereof, divestitures, spin-offs, split-offs, initial public offerings, other securities offerings or other distributions, strategic opportunities, stock repurchases, dividends and executive compensation; growth, declines and other trends in markets Veralto sells into, including the impact of changes to global trade policies, restrictions on imports, related countermeasures and reciprocal tariffs; future new or modified laws, regulations, accounting pronouncements or public policy changes; regulatory approvals and the timing and conditionality thereof; outstanding claims, legal proceedings, tax audits and assessments and other contingent liabilities; future foreign currency exchange rates and fluctuations in those rates; results of operations and/or financial condition; general economic and capital markets conditions; the anticipated timing of any of the foregoing; assumptions underlying any of the foregoing; and any other statements that address events or developments that Veralto intends or believes will or may occur in the future. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings. These forward-looking statements speak only as of the date of this release and except to the extent required by applicable law, the Company does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. VERALTO CORPORATION CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS ($ and shares in millions, except per share amounts) (unaudited) Three-Month Period EndedSix-Month Period EndedJuly 4, 2025June 28, 2024July 4, 2025June 28, 2024 Sales $ 1,371$ 1,288$ 2,703$ 2,534 Cost of sales (549)(514)(1,076)(1,013) Gross profit 8227741,6271,521 Operating costs:Selling, general and administrative expenses (442)(414)(861)(808) Research and development expenses (67)(61)(131)(121) Operating profit 313299635592 Nonoperating income (expense):Other income (expense), net —1(6)(14) Interest expense, net (28)(30)(55)(58) Earnings before income taxes 285270574520 Income taxes (63)(67)(127)(133) Net earnings $ 222$ 203$ 447$ 387 Net earnings per common share:Basic $ 0.89$ 0.82$ 1.80$ 1.57 Diluted $ 0.89$ 0.81$ 1.79$ 1.55 Average common stock and common equivalent shares outstanding:Basic 248.2247.2248.0247.1 Diluted 249.9249.3250.0249.1This information is presented for reference only. VERALTO CORPORATION RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES Reconciliation of GAAP to Non-GAAP Financial Measures ($ in millions) Three-Month Period Ended July 4, 2025SalesOperatingprofitOperatingprofit marginNet earnings forcalculation ofdiluted netearnings percommon shareDiluted netearnings percommonshare Reported (GAAP) $ 1,371$ 31322.8 %$ 222$ 0.89 Amortization of acquisition-related intangible assets A —90.790.04 Other items B —30.230.01 Tax effect of the above adjustments C ———(2)(0.01) Adjusted (Non-GAAP) $ 1,371$ 32523.7 %$ 232$ 0.93 Three-Month Period Ended June 28, 2024SalesOperatingprofitOperatingprofit marginNet earnings forcalculation ofdiluted netearnings percommon shareDiluted netearnings percommon share Reported (GAAP) $ 1,288$ 29923.2 %$ 203$ 0.81 Amortization of acquisition-related intangible assets A —100.8100.04 Tax effect of the above adjustments C ———(3)(0.01) Discrete tax adjustments D ———30.01 Adjusted (Non-GAAP) $ 1,288$ 30924.0 %$ 213$ 0.85 VERALTO CORPORATIONRECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURESNotes to Reconciliation of GAAP to Non-GAAP Financial Measures($ in millions) A Amortization of acquisition-related intangible assets in the following historical periods (only the pretax amounts set forth below are reflected in the amortization line item above):Three-Month Period EndedJuly 4, 2025June 28, 2024 Pretax $ 9$ 10 After-tax 77 B Costs incurred in the three-month period ended July 4, 2025 related to certain strategic initiatives ($3 million pretax and after-tax as reported in this line item). C This line item reflects the aggregate tax effect of all nontax adjustments reflected in the preceding line items of the table. In addition, the footnotes above indicate the after-tax amount of each individual adjustment item. Veralto estimates the tax effect of each adjustment item by applying Veralto's overall estimated effective tax rate to the pretax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment. D Discrete tax matters relate to changes in estimates associated with prior period uncertain tax positions, audit settlements and excess tax benefits from stock-based compensation. 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Because these restructuring plans are incremental to the core activities that arise in the ordinary course of our business and we believe are not indicative of Veralto's ongoing operating costs in a given period, we exclude these costs to facilitate a more consistent comparison of operating results over time. Other Adjustments: With respect to the other items excluded from the profitability-related non-GAAP measures, we exclude these items because they are of a nature and/or size that occur with inconsistent frequency, occur for reasons that may be unrelated to Veralto's commercial performance during the period and/or we believe that such items may obscure underlying business trends and make comparisons of long-term performance difficult. With respect to core operating profit margin changes, in addition to the explanation set forth in the bullets above relating to "restructuring charges" and "other adjustments", we exclude the impact of businesses owned for less than one year (or disposed of during such period and not treated as discontinued operations) because the timing, size, number and nature of such transactions can vary significantly from period to period and may obscure underlying business trends and make comparisons of long-term performance difficult. With respect to core sales related measures, (1) we exclude the impact of currency translation because it is not under management's control, is subject to volatility and can obscure underlying business trends, and (2) we exclude the effect of acquisitions and divested product lines because the timing, size, number and nature of such transactions can vary significantly from period-to-period and between us and our peers, which we believe may obscure underlying business trends and make comparisons of long-term performance difficult. With respect to the FCF Measure, we exclude payments for additions to property, plant and equipment (net of the proceeds from capital disposals) to demonstrate the amount of operating cash flow for the period that remains after accounting for the Company's capital expenditure requirements. View original content to download multimedia: SOURCE Veralto

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Simpson Manufacturing: Q2 Earnings Snapshot
PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Simpson Manufacturing Co. (SSD) on Monday reported net income of $103.5 million in its second quarter. The Pleasanton, California-based company said it had net income of $2.47 per share. The building materials company posted revenue of $631.1 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SSD at
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Did Hayley Williams just leak a 17-track new album on her website? Here's what we know
Rock 'n' roll songstress Hayley Williams shocked fans on July 28 by leaking 17 new tracks to her website. The Paramore singer, who is a Nashvillian, has kept her followers on the edge of their seats over the past week. On July 23, she debuted her new tune "Mirtazapine" on Nashville Public Radio WNXP. Days later, Paramore released a deluxe version of their 2005 debut album "All We Know Is Falling" with an archival EP from 2006. Now, Williams has inconspicuously released an album's worth of music on accessible with a code. "Submit the exclusive Good Dye Young 16-digit access code that was sent to your inbox," a pop-up on the website says, prompting fans to enter digits sent to them by Williams' hair product line. "Check your inbox for an email from Good Dye Young, if you don't have an email with a code, maybe ask a friend for theirs," it says. From there, fans can access an old-school desktop with MP3 files of Williams' tunes and click play on an audio player. The website also features a "misc" folder. Its contents include a video of the band performing in 2017, some lyrics scrawled in a coloring book, a photo of a 'Hayley Williams is my favorite band' t-shirt and an audio clip of a child saying 'I'm sorry that you're going through something hard.' What is the code to access Hayley Williams' new record? The code is available to customers who have purchased the new Good Dye Young shade Ego, according to Instagram comments. Williams' fans have also shared the code on a Reddit page and various social media posts. What new songs are on Hayley Williams' website? Kill Me True Believer Blood Bros Negative Self Talk EDAABP Mirtazapine Ice in My OJ Brotherly Hate Zissou Dream Girl In Shibuya Discover Channel Love Me Different Hard Whim Glum Disappearing Man I Won't Quit on You Audrey Gibbs is a music journalist with The Tennessean. You can reach her at agibbs@ This article originally appeared on Nashville Tennessean: Hayley Williams leaks 17 songs to her website. What we know Solve the daily Crossword