One studio head calls it “the single most discussed and debated issue in Hollywood” as marketing spends skyrocket, summer box
office declines in the U.S. and everyone fights to find audiences overseas. READ MORE
With "Transformers 4" now the highest-grossing film ever in China, a retired soldier from Qingdao has become a social media hero in the country after spending 12 years collecting Transformers toys. READ MORE
The third-quarter box office is "starting off in a deep hole," says one Wall Street observer, but another says the focus of investors in cinema chain stocks "has already shifted to a stronger 2015 film slate." READ MORE
UPDATED: Melissa McCarthy's latest comedy opened lower than her recent movies; new films "Earth to Echo" and "Deliver Us From Evil" also struggle, while Dinesh D'Souza's "America" soared more than 60 percent on July Fourth itself.