Nick Vivarelli, Variety's Rome-based correspondent, and international editor Elsa Keslassy break down the significance of the Venice Film Festival lineup highlighted by Guillermo del Toro's "Frankenstein" and A24's "The Smashing Machine" starring Dwayne Johnson. The pair discuss the increased competition for Hollywood awards contenders between Venice and the Cannes Film Festival as distributors seek to reach international voters. And they reflect on Venice Film Festival chief Alberto Barbera's work to raise the fest's profile as a key launch pad for films on the world stage.

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Naman Ramachandran gives a report on the biggest rom-com to hit Bollywood in years, "Saiyaara," and how its performance reflects India's changing movie market. Rebecca Rubin details "Superman's" week 2 performance at the box office. And Brian Steinberg discusses the fallout from CBS' decision to ax "The Late Show With Stephen Colbert" after next season.

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Alex Morgan, the recently retired soccer superstar, and her business partner Dan Levy discuss Morgan's recent moves as a partner in the women's sports brand Togethxr and other endeavors. Morgan explains that she wants to help other athletes build wealth and navigate career transitions in a conversation recording during Variety's annual Sports and Entertainment Breakfast, held July 17 in West Hollywood.

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