Film News Today — August 21, 2026

The world of film is abuzz with exciting developments, from emerging projects to industry recognition. Woody Harrelson is set to direct another live film, drawing inspiration from the likes of Martin McDonagh and the Coen Brothers, as he compares Jason Bateman's 'The Cackling of the Dodos' to their unique styles. Meanwhile, Sriram Raghavan is working on a new thriller that promises to be just as gripping as his previous work, 'Johnny Gaddaar', as part of India's Matchbox Shots.

The international film scene is also thriving, with projects like 'Wolf Days' and 'The First Week of August' taking home awards at the Sarajevo Industry Awards. Icelandic producer Hlín Jóhannsdóttir is set to bring 'Just a Kid' to life with Alief, while also reuniting with the team behind 'Driving Mum'. On the business side, California lawmakers are offering a potential solution to the state's film industry tax credit cap, which could have a significant impact on future productions. And in a heartwarming note, acclaimed songwriter Diane Warren has adopted a runaway pig, welcoming Wilbur into her West Hollywood home.

Today's signal:
• Woody Harrelson Ready to Direct Another Live Film, Compares Jason Bateman’s ‘The Cackling of the Dodos’ to Martin McDonagh and the Coen Brothers (variety.com)
• Sriram Raghavan Developing New Thriller in the ‘Johnny Gaddaar’ Zone for India’s Matchbox Shots as ‘Operation Safed Sagar’ Soars on Netflix Charts (EXCLUSIVE) (variety.com)
• Folk Horror ‘Wolf Days,’ Family Drama ‘The First Week of August’ Win at Sarajevo Industry Awards (variety.com)
• Icelandic Producer Hlín Jóhannsdóttir Sets ‘Just a Kid’ With Alief Ahead of Haugesund and Reunites with ‘Driving Mum’ Team (EXCLUSIVE) (variety.com)
• Lawmakers Offer Film Industry a Fix on California Tax Credit Cap (variety.com)
• Diane Warren Adopts West Hollywood’s Runaway Pig: ‘Welcome Wilbur!’ (variety.com)