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The Sequel Announcement The studio behind hit Michael Jackson biopic 'Michael' has revealed plans for a sequel despite the controversy that surrounded the original. Production Details Speaking in a quarterly earnings call, Lionsgate motion picture chair Adam Fogelson said that preparations for a projected sequel “continue to go exceptionally well”. Fogelson added that there is a lot of entertaining Michael Jackson story that was not touched upon in the first film. The Financial Impact The original film delivered record-breaking box office figures in both the US and UK, with its current revenue standing at $715.8m worldwide. Fogelson suggested that some of the previously shot footage could be utilised for the sequel, which would help lower the sequel’s production costs. Addressing Controversy The production of 'Michael' was dogged by issues surrounding allegations of child sex abuse against Jackson. It is not clear how or even if a sequel will deal with these allegations. However, Fogelson suggested that the sequel may not follow chronologically. The Future Outlook Lionsgate believes that they have 25 to 30% of a second movie already shot from the prior production activity. The studio is confident that the sequel will appeal once again to a global audience.

Runway, the New‑York‑based AI video‑generation startup valued at $5.3 billion, announced a strategic shift toward building “world models” – AI systems that learn from observational video data – positioning itself directly against Google’s Genie and other deep‑pocketed rivals.Runway's Pivot from Video Generation to World ModelsFounded in 2018 by three NYU Tisch alumni—two from Chile and one from Greece—Runway first gained traction with its Gen‑4.5 video‑generation model, powering workflows for Lionsgate, AMC Networks and the film Everything Everywhere All At Once. In December 2025 the company released its first world model and plans a second launch within the year, aiming to create AI that “understands how the world works” rather than merely processing text.Co‑founders: Anastasis Germanidis (co‑CEO), Cristóbal Valenzuela (co‑CEO), Alejandro Matamala‑Ortiz (Chief Innovation Officer)Current footprint: 155 employees across New York, London, San Francisco, Seattle, Tel Aviv and TokyoKey product evolution: from “anyone a filmmaker” to “anyone a great filmmaker” and now to “AI that can simulate reality”Funding Milestones and Revenue GrowthRunway’s capital raise and revenue trajectory underscore the high‑stakes nature of the world‑model race.Total capital raised: $860 millionLatest round (Feb 2026): $315 million from strategic partners including AMD Ventures and NvidiaValuation: $5.3 billionAnnual recurring revenue (Q2 2026): $40 million addedCompetitor funding: Luma AI ($900 million), World Labs ($1.29 billion), OpenAI (~$175 billion), Alphabet (parent of Google) $4.86 trillionImplications for Hollywood, Robotics, and Drug DiscoveryThe shift to world models could ripple across several high‑impact sectors.Media & Entertainment: Faster, AI‑driven editing and content creation for studios and ad agencies.Robotics & Gaming: Simulated environments for training autonomous agents without costly physical trials.Life Sciences: Potential to accelerate drug discovery and climate modeling by running “digital twin” experiments.Runway’s recent robotics unit already reports real‑world deployments, hinting at cross‑modal applications that combine video, sensor and textual data.Future Outlook: Can Runway Outpace Deep‑Pocketed Rivals?Experts agree that scaling world models will hinge on compute access and sustained funding.Compute challenge: Need for dedicated large‑scale GPU clusters; Runway currently partners with CoreWeave and Nvidia but has not disclosed dedicated capacity.Competitive pressure: Google’s Genie model, Meta’s research, and well‑funded startups are all pursuing similar multimodal AI.Strategic advantage: Founder diversity and a scrappy, revenue‑first culture may allow Runway to iterate faster than Silicon‑Valley incumbents.If Runway can translate its video‑generation dominance into robust world models, it could become a foundational AI infrastructure provider. Failure to secure the required compute or to demonstrate clear cross‑industry value could see it eclipsed by better‑funded rivals.

Michael, the Michael Jackson biopic, opened to a $97 million domestic debut and $217 million worldwide, shattering the record for the biggest opening ever for a biopic. Record‑Breaking Opening Weekend for "Michael" The film, co‑produced by the Jackson estate and starring Jaafar Jackson, delivered $120.4 million internationally and $97 million in North America, surpassing the previous biopic high set by Oppenheimer ($180.4 million worldwide opening in 2023) and the $124 million opening of Bohemian Rhapsody in 2018. Box Office Numbers That Redefined Biopic Benchmarks $217 million total worldwide opening (≈£160 million, A$303 million) $97 million domestic opening – the largest ever for a biopic in North America Previous North American biopic records: Oppenheimer $82 million (2023), Straight Outta Compton $60.2 million (2015), Bohemian Rhapsody $51 million (2018) Production budget approached $200 million; international rights sold to Universal to offset costs What This Means for Hollywood’s Biopic Landscape Audiences are willing to overlook critical scores (38% critics vs 97% audience on Rotten Tomatoes) when the subject has massive cultural cachet. Lionsgate’s gamble on a controversial figure paid off, encouraging studios to revisit other polarising icons. The success validates high‑budget, estate‑backed productions as viable profit centers despite production hiccups. International rollout strategies may shift, with markets like Japan being delayed for strategic timing. Future Outlook: Sequels, Distribution Strategies, and Market Trends A sequel is already in development, with director Antoine Fuqua expressing interest in returning. Lionsgate may pursue a third installment, described as “not inconceivable” by chairman Adam Fogelson. Success could spur more music‑biopic projects, especially those with estate involvement to secure rights. Studios may allocate larger portions of budgets to global marketing, given the proven upside of worldwide openings. Associated Press contributed to this report