Michael Moore’s latest documentary about the credit crisis, Capitalism: A Love Story, will compete for the top prize at this year’s Venice Film Festival, according to Reuters. Capitalism is one of six U.S. films to compete in the top category. Other notable American films up for the Golden Lion are Werner Herzog’s remake of Bad Lieutenant starring Nicolas Cage and Eva Mendes; former Gucci designer Tom Ford’s A Single Man, which features Colin Firth and Julianne Moore; John Hillcoat’s adaptation of Cormac McCarthy’s post-apocalyptic novel The Road, which stars Viggo Mortensen and Charlize Theron; Todd Solondz’s Life During Wartime; and George Romero’s Survival of the Dead. The festival takes place Sept. 2-12 in Venice, Italy.

Nacho Vigalondo will direct an action comedy called Gangland about a team of video-game developers, according to the Hollywood Reporter. The group of video-game developers at the center of the movie get more than they bargained for after promising to deliver an ubër-realistic game called, of course, Gangland. Before they know it, they find themselves having to survive in a real-life criminal underworld. Director Vigalondo received an Oscar nod for his short 7:35 in the Morning, and his Timecrimes film made its U.S. debut at the Sundance Film Festival in 2008.

Producer Jerry Bruckheimer has bought feature rights to the Ashley Wood’s graphic novel World War Robot, according to Variety. The story is written in a war-diary format from the perspective of participants on both sides and revolves around a group of humans and robots battling over the Earth, moon, and Mars.

Edward Zwick has been voted to be one of three filmmakers that will represent the directorial branch of the Academy of Motion Pictures Arts and Sciences, according to Variety. Zwick (Glory, Blood Diamond) will join fellow directors Martha Coolidge (Real Genius, Rambling Rose) and Curtis Hanson (L.A. Confidential, 8 Mile) on the board, having received the majority of mailed-in runoff ballots.

Red-hot comedy director and producer Judd Apatow has inked a deal to write and direct three more films for Universal Pictures, according to the Hollywood Reporter. News of the deal comes a day before his third directorial venture, Funny People, opens in theaters nationwide. Despite mixed reviews from critics, the comedy-drama is still expected to make a strong showing at the box office.