The week of May 18 to May 24 revealed an industry leaning heavily on familiarity. Across Hollywood and Cannes alike, studios, streamers, and financiers continued placing their biggest bets on recognizable names, proven filmmakers, and existing audiences.
Lionsgate Builds Momentum Through Familiar Hits
Lionsgate had one of the strongest weeks in Hollywood after reporting fourth-quarter earnings that exceeded expectations. Revenue climbed to $906.5 million, while the studio reversed net losses into...