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The article examines a dispute between the talent agency William Morris Endeavor Entertainment (WME) and the owners of an office building in Beverly Hills, California. WME paid the owners of the building $30 million to vacate a 20-year lease on the building. The agency's unhappiness at being forced to share an underground parking garage with a rival agency as part of its lease is considered. It it noted WME is the firm of well-known talent agent Ari Emanuel.

The article discusses a glut of movie production in Hollywood. In 2007 over 600 feature films were released in the U.S., compared to 466 in 2002. Abundant financing has resulted in intense competition among studios to have their films shown in theaters. The movie "My Mom's New Boyfriend" starring Antonio Banderas and Meg Ryan was released on DVD without ever having appeared in U.S. theaters.

The article discusses the possibility of a labor strike in the Hollywood motion picture industry. A contract between movie studios and the Screen Actors Guild expired on June 30, 2008. Negotiations for a new contract have not gone smoothly. Key points of contention include actors' compensation for presentations of their work on digital video discs and the Internet.

The article discusses real estate including a purchase of a home in Los Angeles, California, by Lionsgate chief executive (CE) Jon Feltheimer, a reduction in price of a home on Kiawah Island in South Carolina, and the sale price of a home once owned by U.S. gangster Al Capone.