Source: THR

Sandra Bullock and Ryan Reynolds will team up for the second time in Most Wanted, a new action comedy being housed at Universal. The project is from the same people responsible for The Proposal: director Anne Fletcher, writer Pete Chiarelli and producers David Hoberman and Todd Lieberman.

The Proposal raked in an impressive $164 million last summer, so financial expectations will be big. Luckily, Bullock is on fire after her Oscar win for The Blind Side and a tongue-in-cheek appearance at the MTV Movie Awards on Sunday night.

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Source: THR

The CFTC was originally supposed to deliver a decision on Monday as to whether or not trading futures based on box office performance would be permitted, but the regulatory agency has now granted Trend Exchange a new June 14 deadline. The Cantor Exchange will still receive word on June 28.

Securing approval has been an uphill battle for both companies thanks in no small part to vocal opposition from the MPAA, NATO and various guilds.

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Source: TheOneRing.net

Guillermo del Toro has opened up to Lord of the Rings fans about his decision to give up his directorial duties on The Hobbit. Del Toro posted an explanation inside the forums of TheOneRing.net:

"My commitment to the project demanded enormous sacrifices both in personal and professional terms. The consequences of which will ripple for years. I relocated my entire life and family to New Zealand and first came on board in 2008.

So- while the cited delays, contractual complexities or obstacles, cannot be attributed to a single event or entity - you will simply have to believe that they were of sufficient complexity and severity to lead to the current situation," writes del Toro.

Read the full post here.

 

 

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