Summer Movie Cash Orgy Has a Short Guest List

A peacocked network has been brutalized by the economy. Meanwhile, a Burbank studio stores away a billion dollars in their water tower. And back at the ranch, robots are learning how to come together, fight evil, eat, pray, and love.

There is a 3 minute sex scene set to Leonard Cohen's 'Hallelujah' during the climax of Warner Bro's The Watchmen. Warner Bros. has just announced that they've reach their own climax: the 1 Billion dollar mark in domestic grosses this year. Movies like 17 Again, Friday the 13th, Gran Torino, The Hangover, He's Just Not That Into You and Watchmen and uh, some wizard movie have added to the cash orgy. [ Variety ]

NBC Universal lost 41% in profits last quarter. Execs claim the brutal economic downturn has slashed advertising. Three months ago, in the previous round of earnings, some execs said they thought the ad market had hit bottom. Industrytes point to the a certain lanky, ginger-haired late night host for their reduction in eyeballs and therefore ad revenue. The worst may not be over, yet guys! [ Variety ]

Trucks that do things! Humans that love them! Aliens who fear them! Coming up next in your dreary Hollywood adaptation: Voltron. [THR]

Twilight news that doesn't involve the dreamy undead! Billion-Dollar-Having Warner Bros. and Leonardo DiCaprio's Appian Way are moving ahead on a Twilight Zone movie, hiring Rand Ravich to pen a script based on the iconic Twilight Zone TV series. [ Variety ]

Silky-voiced actor Morgan Freeman is "in talks" alongside shiny-headed Bruce Willis to star in Summit Entertainment's espionage thriller "Red," based on the WildStorm/DC Comic. [Variety]

Alert your fellow book club members! Tell your spiritually starved mother! Alert your knitting circle! Casting for the movie adaptation of Eat, Pray, Love is almost complete. So far we have Julia Roberts, Viola Davis, and Richard Jenkins. [ THR ]