If you missed this week’s top film stories from Hollywood and Cannes, catch up now:

godzillaGodzilla’ Sequel In The Works At Warner Bros. & Legendary
By Anita Busch
EXCLUSIVE: After opening to $103M internationally — the biggest opening of 2014 so far — and grossing $93M domestic stateside this weekend, it should come as no surprise that Legendary Pictures and Warner Bros. are already developing a sequel to the monster hit. It was confirmed to Deadline this morning that a Godzilla sequel is underway.

Related: BOX OFFICE: ‘Godzilla’ Monster Hit at $93M+

Roger
7 months
Godzilla was disappointing. All of that money and talent and the script was a piece of sh*t.

Coen Brothers’ Next Film: ‘Hail Caesar,’ A Fixer In 1950s Hollywood
By Anita Busch
EXCLUSIVE: Joel and Ethan Coen are putting together their next film, and it’s about a fixer in Hollywood circa 1950s who works for the studios to protect the stars of the day. Entitled Hail Caesar, the comical yarn centers on a man named Eddie Mannix who sounds a lot like the Fred Otash of his day — the famed 1950s private investigator who worked for Confidential magazine and was the muckraker of the time using wiretaps to spy on movie stars and gather dirt.

spike leeNo Cannes Do: Why Spike Lee Nixed ‘Do The Right Thing’ Silver Anniversary For Black Fest Fete
By Mike Fleming Jr.
INTERVIEW: The 2014 Cannes Film Festival marks 25 years since Spike Lee brought Do The Right Thing to the Croisette in a premiere that left some journalists labeling it a powder keg and predicting a trail of racial violence for its U.S. release.

Cannes: ‘Christ The Lord’ Gets Green Light
By Mike Fleming Jr.
EXCLUSIVE: Ocean Blue Entertainment, in conjunction with CJ Entertainment, Echo Lake and Ingenious Media, have set the financing for Christ The Lord, a feature adaptation of the Anne Rice bestselling novel Christ The Lord: Out of Egypt.

Cannes2014_badge__140417160328-150x150 (1)Cannes 2014: A Look At Hot Titles; Was It Over Before We Got Here And Paramount Made Record Deal?
By Mike Fleming Jr. and Nancy Tartaglione
If there is a recurring theme among buyers and sellers we’ve spoken to in the early moments of the Cannes Film Festival, it is that none can remember the last time there was such a sellers’ market here on the Croisette. The trouble is, nobody seems to really have anything all that compelling to sell, and that is driving the sellers crazy.

Related: CANNES: TWC To Unspool Footage From Fall Films On Friday
Cannes: Directors To Watch
Cannes: Actors To Watch

Cannes: Stephen King Novel ‘Gerald’s Game’ To Be Adapted By ‘Oculus’ Helmer Mike Flanagan And Intrepid Pictures
By Mike Fleming Jr.
EXCLUSIVE: Oculus and Somnia director Mike Flanagan has committed to next helm Gerald’s Game, based on the bestselling novel by Stephen King. Flanagan wrote the script with his writing partner Jeff Howard. Trevor Macy and his Intrepid Pictures banner will produce, as he also did on Flanagan’s two horror films.

amy adamsCannes: Paramount Confirms ‘Story Of Your Life’ Acquisition; $20 Million Is Fest Record Deal
By Mike Fleming Jr.
EXCLUSIVE: Prognosticators have said this Cannes might be light on deals. It isn’t starting out that way. A wild auction on the eve of the festival for the Denis Villeneuve-directed Amy Adams sci-fi film Story Of Your Life had five studios battling.

Cannes: Weinstein Co In Exclusive Talks For ‘The Coup’; Fest’s 2nd-Biggest Deal So Far
By Mike Fleming Jr.
EXCLUSIVE: Well, it took all day, but I can tell you that The Weinstein Company is now in an exclusive negotiation and will close a U.S. distribution deal on a bitter bidding battle for The Coup, the John Erick Dowdle-directed thriller that stars Owen Wilson and Pierce Brosnan.

Bart & Fleming: Are Feature Films Losing Their Prestige Mojo To Television?
By Mike Fleming Jr. and Peter Bart
Peter Bart and Mike Fleming Jr. worked together for two decades at Daily Variety. In this occasional column, two old friends get together and grind their axes on the movie business.

Cannes: Harvey Weinstein Defends Actions On Grace Kelly Movie, Says Monaco Royal Family Has A “Legitimate Problem” With The Film
By Pete Hammond
As previously exclusively reported on Deadline, The Weinstein Company had its annual product preview session for press and buyers tonight at the Majestic Hotel, and the packed crowd got first looks at several films including Paddington, Macbeth, Imitation Game, Big Eyes, Suite Francaise, St. Vincent, and the in-production-phase Jake Gyllenhaal boxing film Southpaw.