Mornin! This is Sean McNulty and here’s the Hollywood + Media news to know on TUESDAY August 23, 2022.

Where a toast 🥂 goes out to WB and Baz Luhrmann for making “Elvis” his top grossing US pic ever yesterday. #SorryLeo (although “Gatsby” still has the King by about $80 Million globally).

Both the film and marketing campaign delivered the goods, making a real movie theater experience as hoped for, and overcoming questions from folks like yours truly about whether enough folks would show up for an “Elvis” pic in 2022.

Enjoy your well-deserved bonuses! 😁

IN THIS EDITION

A look at what’s behind the varying degrees Movie Theater chain stock dives right now - from mild to whoa, and what lies ahead for the rest of the year.
Francis Ford Coppola adds to cast of “Megalopolis”
PEACOCK is giving “The Resort” a NBC primetime shot
DISNEY+HOTSTAR gets a new leader, and more

📽 THE SILVER SCREEN

the reference we were looking for Steve was… Johnny 5. that’s Johnny 5. No points but you do get to pick again. We also would have accepted: What I looked like reading trade publications every night in 1998. via giphy

JUST 5 THINGS

DISNEYFOX sets Owen Teague (“It”) to play the lead primate in the “Planet of the Apes” reboot or continuation or whatever it’s gonna be from writer / director Wes Ball (“Maze Runner” pics). /Deadline

☀️Inside the Movie Theater stock market drama…

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