ANAHEIM, Calif. — Marvel Studios unveiled a new special-look trailer for Avengers: Doomsday on Friday during Disney’s D23 event, giving fans an expanded view of Robert Downey Jr. as the villain Doctor Doom and the multiversal conflict that drives the December release.

Kevin Feige, president of Marvel Studios, introduced the footage on stage alongside Downey, Chris Evans and Hayley Atwell. The presentation marked one of the major moments of the Disney Entertainment Showcase at the Honda Center.

In the trailer, Pedro Pascal’s Reed Richards confronts Downey’s Victor von Doom amid the ruins of a destroyed city. “Victor, did you do this?” Richards asks. Doom replies in voice-over, “All of you have lived stolen lives,” before adding, “But now you must give them back.”

Vanessa Kirby’s Sue Storm provides additional context on Doom’s transformation. The footage includes her describing a man who “used to be different,” “used to be kind” and “used to be caring,” until “everything he loved was taken from him.” She continues, “I knew he was lost, but I did not realize that he was broken.”

Doom displays significant power in the sequence, leaping from a window and landing with force. When Thor, played by Chris Hemsworth, attempts to intervene, Doom easily overpowers him. The trailer culminates with Doom raising an army of Sentinels from the ground and declaring, “Hell answers to me, for I am Doom.”

The special look also features brief appearances by a wide ensemble drawn from multiple corners of the Marvel Cinematic Universe and related properties. Among those shown are Paul Rudd’s Ant-Man with his daughter Cassie, Joseph Quinn’s Human Torch holding a young Franklin Richards, Patrick Stewart’s Professor X, Ian McKellen’s Magneto, Evans’ Steve Rogers holding an infant, Hemsworth’s Thor with Love, Tom Hiddleston’s Loki, Letitia Wright’s Shuri and James Marsden’s Cyclops.

Avengers: Doomsday, directed by Anthony and Joe Russo, is scheduled for theatrical release on Dec. 18, 2026. The film is positioned as a major team-up that brings together heroes from three distinct universes to confront an existential threat. It is expected to lead directly into Avengers: Secret Wars the following year.

Tickets for the film went on sale nationwide following the D23 presentation, expanding beyond premium large-format screens. A new theatrical poster featuring Doom was also released in connection with the event.

Downey’s casting as Doctor Doom was first publicly confirmed in earlier promotional materials and the initial full trailer released in July ahead of San Diego Comic-Con. That earlier trailer introduced his voice with a distinct accent and offered the first proper look at the character in costume. The D23 footage expands on both the character’s motivation and the scale of the conflict.

Evans, returning as Steve Rogers for the first time since Avengers: Endgame in 2019, joined Downey and Atwell on stage. Atwell reprises her role as Peggy Carter. The appearance of the three actors together underscored the film’s connections to earlier chapters of the franchise while pointing toward new alliances and threats.

The trailer arrives as Marvel continues to integrate characters from the Fox X-Men films into the main MCU timeline. Stewart, McKellen and other actors from those earlier movies appear in the new footage, signaling the broader multiversal scope of the story. Additional confirmed cast members include Anthony Mackie, Florence Pugh, Simu Liu, Sebastian Stan, Winston Duke and members of the Fantastic Four and Thunderbolts ensembles.

Feige has previously described the Multiverse Saga’s concluding films as among the most ambitious projects in the studio’s history. The Russos, who directed Avengers: Infinity War and Avengers: Endgame, returned to helm both Doomsday and the subsequent Secret Wars installment.

The new footage maintains a tone of high stakes and personal loss while showcasing large-scale action sequences and the assembling of disparate hero teams. It stops short of revealing major plot resolutions, consistent with Marvel’s approach of using convention trailers to build anticipation without spoiling key developments.

As of Saturday, the special-look trailer was circulating widely online following its D23 debut. Fan discussion focused on the implications of Doom’s personal tragedy, the presence of Sentinels, the interactions between characters from different universes and the continued presence of legacy heroes such as Rogers and Thor.

Avengers: Doomsday represents a significant commercial and creative pivot for the franchise after several years of expansion into new characters and storytelling formats. The December release date places it as a major year-end theatrical event, with the potential to set up the larger narrative resolution planned for 2027.

The D23 presentation also included other Marvel announcements, but the Doomsday trailer served as a centerpiece for the studios’ film slate. With production having advanced sufficiently for multiple trailers and on-stage talent appearances, the project appears on track for its scheduled opening.

Further marketing materials are expected in the coming months as the December premiere approaches. For now, the latest footage reinforces the film’s central conflict: a powerful and motivated Doctor Doom facing an unprecedented coalition of heroes drawn from across the multiverse.

A royal biographer has suggested that Meghan Markle’s motivations behind a recent private family reunion with King Charles III extend beyond simple reconciliation, arguing the meeting could serve as a pathway to greater financial opportunity and public influence for the Duchess of Sussex, though the claim remains a single commentator’s interpretation rather than a confirmed account of Meghan’s thinking.

The comments follow a previously reported private meeting between Charles, Queen Camilla, and Prince Harry and Meghan at Highgrove House last month, which also included the couple’s two children, Prince Archie and Princess Lilibet. According to sources who spoke with Vanity Fair, the roughly hour-long gathering was arranged on short notice and kept tightly under wraps, with one source describing the meeting as “completely cloak-and-dagger, orchestrated by the King.” Another source told the magazine that Charles had specifically wanted to see Harry and the children, and that the meeting’s timing had been unusually last-minute for the monarch, with all involved sworn to secrecy to preserve its privacy.

Royal biographer Angela Levin, writing on X, argued that the reunion should not be interpreted purely as an emotional family moment. “It’s not a dream reunion. It is a pathway to gather money, power,” Levin wrote, framing the meeting as something Meghan in particular could stand to benefit from strategically rather than only personally.

Levin has a long history of public commentary on Harry and Meghan, dating back to a 2018 biography she wrote about Harry based on conversations she had with him before his marriage. She has periodically offered critical assessments of the couple’s choices in the years since, including previous commentary describing what she characterized as increasingly self-centered behavior following their departure from royal duties in 2020. Her latest remarks continue that pattern of skeptical commentary toward the couple, though, as with much of the reporting surrounding the family, her characterization of Meghan’s specific motivations has not been independently confirmed by Meghan, Harry or their representatives.

Levin’s comments followed separate reporting that Harry has privately expressed hope of one day appearing publicly alongside his father at the 2027 Invictus Games in Birmingham, the international sporting competition for wounded and ill service members that Harry founded in 2014. An unnamed source familiar with that speculation told RadarOnline that a joint public appearance between Harry and the King would carry considerable symbolic weight. “It would be an enormously powerful image,” the source said, adding that such a moment would likely shift public attention back toward Harry and Meghan after years in which their strained relationship with the royal family has dominated headlines.

The Highgrove meeting marked the first time Archie and Lilibet had seen their grandfather since celebrations surrounding Queen Elizabeth II’s Platinum Jubilee in 2022, months before the late queen’s death that September. Harry had separately traveled to Britain the same month to attend an event marking one year until the Birmingham Games, though Meghan did not accompany him on that specific trip, reportedly due to security considerations. During that visit, Harry took part in a goat yoga session in Warwickshire, a lighter public moment that contrasted with the far more secretive Highgrove gathering that followed.

No official account of what was discussed during the Highgrove meeting has been released by Buckingham Palace, Kensington Palace, or representatives for the Sussexes. The secrecy surrounding the gathering stood in sharp contrast to the often highly publicized nature of Harry and Meghan’s relationship with the royal family since 2020, a dynamic shaped significantly by the couple’s Oprah Winfrey interview, their Netflix documentary series, and Harry’s 2023 memoir, “Spare,” all of which aired detailed grievances involving Charles and Prince William and exposed private family tensions to a global audience.

Harry is expected to return to Britain again in September for the annual WellChild Awards ceremony, an event he has attended regularly in his role as patron of the children’s charity, offering another potential public appearance to watch for signs of continued engagement between Harry and his father following the Highgrove reunion.

With the 2027 Invictus Games still more than a year away, and no confirmation from either side that Charles intends to attend, whether the King and Harry will ultimately appear together publicly at the event, or whether Levin’s characterization of Meghan’s motivations reflects anything more than speculation, remains to be seen. For now, claims describing the reunion as strategically motivated should be understood as one commentator’s interpretation, offered without direct confirmation from anyone involved in the meeting itself.

Operator

Good day, and welcome to the Pershing Square 2026 Second Quarter Earnings Call. Today’s call is being recorded. [Operator Instructions] It is now my pleasure to turn the conference over to Jill Chapman, Head of Corporate Investor Relations for Pershing Square.

Jill Chapman

Thank you, Tara. Good morning, everyone, and welcome to Pershing’s Second Quarter 2026 Earnings Call. Joining me today are CEO and Chairman, Bill Ackman; and CIO, Ryan Israel. Yesterday evening, we issued our earnings presentation and letter to shareholders, which are available on our website at pershingsquareinc.com under the Investors section. We expect to file our 10-Q after market close today.

Before we begin, I would like to draw your attention to the legal disclaimers at the end of our earnings presentation. Today’s call may include forward-looking statements, which involve risks and uncertainties and are not guarantees of future performance.

Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors described under forward-looking statements in our earnings presentation and IPO prospectus filed on April 30 as updated by our most recently filed Form 10-Q. We do not undertake any obligation to update forward-looking statements. We may also reference non-GAAP financial

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