‘The Beauty’ Trailer: Ryan Murphy’s Latest Is a Globe-Trotting Thriller About the Dangers of Reaching for Perfection

Ryan Murphy’s latest Evan Peters vehicle, “The Beauty,” is coming to FX in late January, and like all of the “American Horror Story” and “Monster” creator’s projects, it promises to be a glossy affair filled with jutting cheekbones, addictive beats, and a surplus of campy vibes.  

This time, the Golden Globe-winning “Dahmer” star is playing an FBI agent who, along with his partner, played by Rebecca Hall, is sent to Paris to look into a pattern of international supermodels dying in mysterious and gruesome ways. When the agents arrive in the City of Light, they discover the existence of “a sexually transmitted virus that transforms ordinary people into visions of physical perfection, but with terrifying consequences,” according to the show’s synopsis. 

That leads them to a shadowy tech billionaire who goes by “The Corporation,” played by Ashton Kutcher, who has been manufacturing a miracle drug nicknamed “The Beauty.” Against the backdrop of Paris, Venice, Rome, and New York, the agents work to keep the virus from spreading further, while The Corporation tries to get his money-making injection in the hands of as many people as possible. 

The twisty series also stars Anthony Ramos as an assassin working for The Corporation, and Jeremy Pope as “a desperate outsider” who gets caught up in the chaos unleashed by the billionaire’s Substance-like creation.  

In the first trailer for “The Beauty,” viewers get a taste of the very Murphy-esque new series and its many guest stars, which include Bella Hadid, Isabella Rossellini, Ben Platt, Jessica Alexander and Vincent D’Onofrio. The snippet opens with Kutcher and Rossellini trading barbs onboard a yacht as The Corporation celebrates his business savvy and then widens to the rest of the world in various states of unrest over The Beauty, which we find out has a serious bug or two.  

The first three episodes of “The Beauty,” which is co-written and co-created by Matthew Hodgson, air on FX and Hulu January 21, 2026. Hall, who recently played opposite Ben Whishaw in “Peter Hujar’s Day,” is also set to appear in the fourth installment of “Monster,” which will focus on the murderess Lizzie Borden.  

Watch the trailer for “The Beauty” below.