Tom Cruise to Star, Produce "Mission Impossible IV" 


As we told you back in May of 2008, Tom Cruise was in talks to star in "Mission Impossible IV" for Paramount Pictures.

And now, it's official! The star will return as Ethan Hunt in the fourth installment of the popular franchise. He will also produce the film along with J.J. Abrams and Bad Robot Productions.

Paramount will be releasing the film on Memorial Day weekend of 2011.

Brad Grey, CEO & Chairman of Paramount Pictures said, “Tom and J.J. are great talents and we are excited to be working with them to re-launch this legendary franchise."

Josh Applebaum and Andre Nemec are attached to write the script from an original idea by Cruise and Abrams. Both are currently on the hunt for a director.

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Get Ready for "24" the Movie! 


Yes, there is going to be a big screen version of "24" starring Kiefer Sutherland. Just how serious are the folks behind Twentieth Century Fox and 20th Century Fox TV?

Serious enough that they have hired a screenwriter! Variety is saying that writer-director Billy Ray ("Breach," "Shattered Glass") is set to write the screenplay that finds Jack Bauer heading to Europe. And yes, Sutherland is supporting the pitch!

I think it's time for a "24" film, now that the series is losing steam both in the ratings and critical-rave categories.

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The New Oscar Poster Unveiled! 


The Academy of Motion Picture Arts & Sciences has revealed its official poster for the 82nd annual Academy Awards -- the Oscars!

Steve Martin and Alec Baldwin are hosting the March 7 event, hence, both of them are featured prominently on the poster. The tagline? "You've Never Seen Oscar Like This."

Is that a promise dear Academy?

I don't recall an Oscar poster that features its hosts. But apparently, we've never seen an Oscar like this, hence, the trailblazing poster.

The Los Angeles-based agency, Omelet, designed the poster.

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Tim Robbins Joins "Green Lantern" Cast 


Academy Award winner Tim Robbins is joining the cast of "Green Lantern!" He will star as Senator Hammond, the father of the film's villain, Dr. Hector Hammond (Peter Sarsgaard), who develops psychic powers.

Ryan Reynolds stars as Green Lantern, and Blake Lively will play his love interest, Carol Ferris. Martin Campbell is directing the film which starts production in New Orleans in March.

TRIVIA ALERT: This marks Robbins' second comic book outing. The first being..."Howard the Duck" the 1986 Marvel Comics adaptation from producer George Lucas.

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"Terminator" Rights Sold! 


Previously on the "Terminator" saga, Halcyon Holding Corp was looking for interested buyers to spend cash to own the rights to film future "Terminator" films, TV shows, and other spin-offs. Both Lionsgate and Sony were pouncing on the chance to own "Terminator," but neither won!

Oh, but Sony supposedly exclaimed "I'll be back!"

So who won? Our friend Nikki Finke from Deadline Hollywood exclusively revealed that "Halcyon Holding Corp accepted the $29.5 million bid from, of all parties, the debtholder which pushed it into bankruptcy, Santa Barbara-based hedge fund Pacificor. (This is the same Pacificor whom Halcyon accused in a lawsuit of extortion, bribery, and fraud and demanded $30M in damages.)"

Ooooh salacious! Read more on the titillating story right here.

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