Hollywood Breakdown

No one expects Warcraft, the Legendary movie based on a video game, to do well when it opens in the US this weekend. But the film has already made so much money in China, it doesn't matter.

The television world has seen two big departures in the past week. Bela Bajaria is out at Universal after five years and Steve Mosko is out at Sony after nearly 24 years.

As the Sumner Redstone saga continues, a battle ensues for the future of the media company, which includes Paramount, MTV, Comedy Central and Nickelodeon.

Even in the face of a changing television industry, the broadcast networks are still the biggest game in town. Advertisers will do more than $9 billion worth of business at this year's upfront presentations in New York.

At Cannes, talk of Woody Allen's new movie is overshadowed by drama around a reignited scandal. 

Jeffrey Katzenberg's long slog to find a buyer for the company he co-founded is finally over. 

Does anyone still want their MTV? The network is hoping that by featuring more music, news and game shows, like in days of yore, they'll be able to boost flagging ratings.

The CinemaCon gathering for movie theater owners used to be a small event. But now that it has a much larger platform via the media and Internet, studios use it as an opportunity to show off their upcoming slates. 

A year ago, top Disney executive Bob Iger announced that Thomas Staggs would be his heir apparent. Now, Staggs says he's stepping down, leaving everyone to wonder what happened, and who will take his place.

Matthew Belloni recently spoke to super agents Ari Emanuel and Patrick Whitesell for a piece in the Hollywood Reporter. Kim Masters talks to Belloni about that conversation, which is the first interview Emanuel and Whitesell have given on the topic of the talent agency's $2.4 billion merger with IMG two years ago.