Only earlier today it was revealed Jeremy Renner will star alongside Tom Cruise in Mission: Impossible IV. But, don’t get attached to that name as we have more details on that and much more below (via Variety). Read the full story

E-mail Jordan Raup here. Follow him on Twitter and Facebook for the latest TFS updates!

A few days ago it was reported that Paramount had been testing Kevin Zegers, Christopher Egan and Anthony Mackie to join Tom Cruise in Brad Bird’s Mission: Impossible 4. Now Deadline reports they have gone with another Hurt Locker star instead, Jeremy Renner. Read the full story

E-mail Jordan Raup here. Follow him on Twitter and Facebook for the latest TFS updates!

Robots battling in the Victorian Age produced by the guy who made space cool again? Alright, I’ll bite.

J.J. Abrams (Star Trek, Mission Impossible III) and his Bad Robot production banner, who have a first look deal with Paramount, have the rights to Boilerplate: History’s Mechanical Marvel, a graphic novel-picture book by Paul Guinan and Anina Bennett, which tells of:

Read the full story

E-mail Dan Mecca and be sure to follow him on Twitter. You can also interact with him on our Facebook page!

For those that want to break into the industry, start PA’ing. Bobby Glickert did just very that on Michael Bay‘s first Transformers film. Now, after recently being an assistant to director Justin Lin on Fast & Furious, he will have his shot at directing his first feature, Deadline reports. Read the full story

E-mail Jordan Raup here. Follow him on Twitter and Facebook for the latest TFS updates!

Wall Street’s hot again. At least for now. We all know how quickly that tide can turn. After all, money *gaffaw* never sleeps. Between the upcoming Margin Call and Wall Street: Money Never Sleeps (see what I did there before?), both high priorities for their respective studios, news of a Leo DiCaprio-led Wall Street film feels about right.

The Wolf of Wall Street, a memoir by Jordan Belfort, has been in development for a while and almost got made with Martin Scorsese behind the camera and DiCaprio in front of it, but Paramount owned Scorsese and Warner Bros owned the book, so it didn’t work out.

Now Ridley Scott‘s circling the adaptation, penned by Terry Winter (The Sopranos) and Scorsese’s given him his blessing, and his star actor to boot. [Deadline]

Here’s a synopsis (of sorts) of Belfort’s memoir:

Read the full story

E-mail Dan Mecca and be sure to follow him on Twitter. You can also interact with him on our Facebook page!

After many, many months of careful planning and lengthy pre-production meetings and script rewrites, here’s a teaser trailer for the sequel to Paranormal Activity, which was released around 8 months ago. Paranormal Activity 2 will hit theaters about a year after the first. At least they’re not rushing em out like the Saw films.

Check out the teaser below (via Collider):

Read the full story

E-mail Dan Mecca and be sure to follow him on Twitter. You can also interact with him on our Facebook page!

Screenwriting cousins Mark and Brian Gunn have been hired to write Paramount’s remake of The Monster Squad. Rob Cohen, who produced the original film, will also produce and direct the new version. [Heat Vision]

The original Monster Squad was released in 1987 and was directed by Fred Dekker, who also co-wrote the script with Shane Black. It followed the story of a group of kids who discover a plot by Dracula, Frankenstein, The Wolf Man, The Gill Man and The Mummy to try and take over the world. The choice of Cohen as director is relevant and arguably good considering that he last directed the Universal sequel The Mummy: Tomb of the Dragon Emperor, which grossed $389 million worldwide.

The production team also includes big names such as the Platinum Dunes team (Michael Bay, Andrew Form, Brad Fuller) and David Ladd (Hart’s War).

Have you seen the original Monster Squad? Is it deserving of a remake?

The last animated Teenage Mutant Ninja Turtles film TMNT was a serious disappointment to the hardcore fans of the live action films from the early 90s. Thankfully Michael Bay stills sees promise in the treasured live action franchise and wants to bring it back to life. Read the full story

Paramount has picked up the rights to adapt the upcoming book Gideon’s Sword, the first in a series written by Douglas Preston and Lincoln Child, Variety is reporting. They have allowed for action master Michael Bay to produce the film through his own company Bay Films.

There isn’t very much to say about this one’s plot and all I know is that it the initial book in a series called Gideon Crew. The two authors frequent the best-seller list and dance around the horror/thriller genre. Keep in mind the book hasn’t been published yet.

Meanwhile, Bay is directing/producing Transformers 3 which hits theaters July 2011.

What do you think this story is about? Have you read any of their work?

We reported a few days ago that director Adam McKay had proposed a smaller budget to Paramount for Anchorman 2, but it looks like that did not go through. He tweeted today: Read the full story