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No Wonder Hollywood Is Depressed

The Biggest Stories of the Week From Our Reporters

Back, but Forever Changed • Shows are a no-show as upfront presentations lean into sports and streaming instead

At Cannes, a Slow Market Gradually Heats Up • Netflix’s megadeal for ‘Pain Hustlers’ spurs sales activity at the fest

Music to All Their Ears • An unusual group of collaborators teamed up for the ‘Top Gun: Maverick’ soundtrack

A New Spin on the Recording Contract

NETFLIX STILL ON TOP DESPITE TUMBLE

Peak TV Has Led to Peak Awards Consultants • PR gurus are tripping over each other as they try to garner attention for shows and performers during Emmy season

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THE BURSTING POINT • THE MARKET CRASH IS FORCING HOLLYWOOD GIANTS TO REASSESS DIGITAL STRATEGIES AND DEBT-DRIVEN CONTENT SPENDING

Market Cap Massacre • Investors bail on media stocks as streaming reaches a saturation point

Tight Squeeze • Hollywood may regret relying on debt to drive direct-to-consumer initiatives as economic conditions worsen

How High Is the Sky? • NETFLIX’S FIRST-QUARTER SURPRISE IS DRIVING TOUGHER SCRUTINY OF THE WORLDWIDE MARKET FOR SUBSCRIPTION STREAMERS

The Sisterhood • The sixth film in the dinosaur series, ‘Jurassic World Dominion,’ underscores the hit franchise’s feminist evolution

A Pitch for Series That Deserve Kudos • Variety’s chief TV critics highlight shows and talent that are serious contenders

Comedy Road Warrior Takes New Turn • After four decades of stand-up, Bill Engvall is relishing his final tour

‘Anatomy’ of a Landmark Show • This month, the ABC medical drama celebrates 400 episodes and 18 seasons

How ‘Top Gun: Maverick’ Took Flight • Production designer got help from the Navy to secure real fighter planes for long-awaited sequel

How Julia Roberts Becomes Martha Mitchell in ‘Gaslit’

Makeup on the Edge for ‘A Black Lady Sketch Show’

Elvis

Cruel Country

Maisie Williams • “There’s so much more that I have to give, and I could never have done with Arya.”