New York, I Love You, the unofficial followup to the anthology film Paris Je T’aime, will open nationwide on Oct. 16. The film, the second in a series of "Cities of Love" movies conceived by producer Emmanuel Benbihy, features 12 featurettes from directors like Mira Nair, Brett Ratner, Natalie Portman, and Joshua Marston. As we reported here at the beginning of the month, the movie made news when it cut Scarlett Johansson’s directorial debut from its lineup. Rather, that short starring Kevin Bacon is likely to be featured as an online advertisement for the film.

When Terminator Salvation opens in theaters next Friday (May 22), it’s sure to bring a huge payday to its distributors (Warner Bros. in the U.S. and Sony Pictures internationally). And while star Christian Bale and director McG are already committed for a second go-around — a Terminator 5, if you will — who will be releasing that film is anybody’s guess. According to a Variety story from Thursday, an old rights issue gives the revamped MGM the first right of refusal for the next film. Sources tell EW that once Halycon, the Terminator franchise producers, present MGM with a complete package for the next film — a full script, budget, etc. — MGM will then have 30 days to choose to own domestic, international, or worldwide rights to the film. Any decision is months away, since no script work has been done, and a screenwriter hasn’t yet been hired. But while MGM currently battles with its own financing issues, most insiders agree that if the proposition for the sequel is strong, they will find the money to be become a partner.

Thanks to a new partnership with Oscar-winning British producer Jeremy Thomas (The Last Emperor, Fast Food Nation), director Terry Gilliam will finally bring his version of The Man Who Killed Don Quixote to the box office, according to The Hollywood Reporter. Gilliam’s reimagination of the Spanish knight, which is set to begin shooting next spring, has long faced its own share of drama, which was chronicled in the 2003 documentary Lost in La Mancha. Gilliam’s other much-talked-about project, The Imaginarium of Doctor Parnassus — Heath Ledger’s final film — premieres today in Cannes.