Yeah, H'wood's gotta make money, which is why a Monk biopic is a serious longshot. Much as i love him, Monk's story is pretty uneventful by biopic standards. It has nothing to do with "sensationalism" in this case, but more the fact that nobody outside the classic jazz community knows who he is and he didn't do anything worthy of dramatizing his life story.
Not gonna happen...
Agreed. But, I never heard of Monk's battle with demons and drugs until recently because it wasn't broadcasted like e.g. Parker's. I honestly thought that he was just eccentric. I never paid any attention to those portions of musicians' lives anyhow and chose to always concentrate on their great music.
My point, sensationalism, is if Horrywood wanted to make money it'd have to play up the dope and mental illness angles, probably almost ignore his great music.