“Michael” crosses $1 billion worldwide, becomes highest-grossing biopic in box office history

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Michael, the biopic on the King of Pop starring Jaafar Jackson, has crossed the $1 billion mark at the worldwide box office, overtaking Oppenheimer and Bohemian Rhapsody to become the highest-grossing biopic ever.   Source: https://www.financialexpress.com/life/entertainment-michael-crosses-1-billion-worldwide-becomes-highest-grossing-biopic-in-box-office-history-4290148/

Legendary LA studio complex to be sold in shocking blow to dying Hollywood film industry

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Television City, a legendary studio lot in central Los Angeles, is expected to be sold over its owners debt in the latest sign of economic stress tearing through Hollywood.   Source: https://nypost.com/2026/07/11/entertainment/historic-la-studio-complex-television-city-to-be-sold-in-blow-to-dying-film-industry/

Writers union sues to block US Paramount deal

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The Writers Guild of America (WGA) filed a lawsuit Tuesday to block Paramount Skydance’s proposed takeover of Hollywood studio Warner Bros. Discovery, arguing the $110 billion acquisition would violate federal antitrust law and harm writers.   Source: https://www.france24.com/en/live-news/20260715-writers-union-sues-to-block-us-paramount-deal