Warner Bros. Pictures unleashed a shiny new trailer for Todd Phillips‘ Due Date today, and it looks absolutely hilarious.

Phillips’ first film since 2009′s highly acclaimed The Hangover, Due Date stars Robert Downey Jr. as Peter Highman, a first-time father whose wife’s due date is only five days away. In a rush to get home in time, Peter encounters Ethan Tremblay, an aspiring actor played by Zach Galifianakis. When Peter’s best efforts to get home to L.A. from Atlanta go awry, he’s left with no choice but to head to the West Coast with Ethan. The resulting cross-country road trip Read the full story

Just last night we reported Children of Men director Alfonso Cuarón’s planned sci-fi film, Gravity, may be in jeopardy due to WB not getting Angelina Jolie as lead. Now, ScriptShadow has the first review of an earlier draft of the script and they have uncovered many story details. You can head over to their site for the full scoop, but check out my short summary below.

The main character, Ryan is up in space. The Russians blew up one of the many satellites there. It causes a chain reaction of flying debris, exploding the shuttle they are on. Now, for the rest of the film she is in her life-suit and must jump from location to location to get air, in order to reach the mother boat haven of the International Space Station. Read the full story

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

Alfonso Cuaron‘s sci-fi project Gravity may have lost just that, despite having a movie star (Robert Downey Jr.) and an award-winning director in tow. Angelina “Salt” Jolie was approached to Cuaron a while back to star as the heroine in this film, which concerns a team of cosmonauts (the team leader being RDJ) who are nearly all wiped out by debris from a busted satellite.

Jolie’s character is left in a dire attempt to get back home to her son. Apparently, it’s a one-woman show or the most part, at least as the script (written by Cuaron and his son Jonas) reads now. There may need to be changes if Warner Bros. can’t find a bankable actress to take the reins.

The studio has allegedly met with all of the candidates, from Sandra Bullock to Natalie Portman to Sienna Miller to Blake Lively (who was once rumored to have taken over for Jolie), so they’re trying [Deadline].

Lets hope a solution is found, because Gravity sounds kind of incredible, especially with in its current $80 million 3D-shot state.

Are you excited for Gravity? Who should replace Jolie?

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

The Playlist brings us some news on the highly anticipated film, Gravity.  The film will start shooting this summer and star Robert Downey Jr. and be directed by Alfonso Cuaron (Children of Men). Downey Jr. will start shooting but will have to leave halfway through to go shoot Sherlock Holmes 2 for director Guy Ritchie. Read the full story

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

Everyone’s favorite movie star, Robert Downey Jr. has launched his production company First Showing tells us. The Warner Bros. based production company known as Team Downey was founded by Downey Jr. and his wife Susan Downey.  Although brand new, the company already has a project in the form of Yucatan.

Read the full story

Deadline now confirms our post last week that Sam Raimi will direct Oz, the Great and Powerful for Disney. Robert Downey, Jr. isn’t set but their source says the will develop it for him as the script will be rewritten and “the movie will be happen.” Read the full story

According to Vulture, Sam Raimi has been offered the director’s chair for Disney’s Oz, the Great and Powerful, a 3D prequel to the 1939 MGM classic The Wizard of Oz. Robert Downey, Jr. is attached to star in the title role.

Raimi was hired last year by Legendary Pictures to develop a film based on the wildly popular World of Warcraft video game but there is still some question as to when this film is going ahead. And with Sony dropping the fourth  chapter to his Spider-Man franchise, Raimi’s schedule is open for another film.

The list of directors considered for Oz has been getting longer and more desperate as Disney tries to push this big money project forward.  Adam Shankman, Sam Mendes, Timur Bekmambetov and Guillermo Del Toro have all declined for various reasons. The question now is whether Raimi will take on Oz and begin filming “sometime this year,” at Disney’s insistence. Despite the high-profile, low-expectation vibe that this project is already emitting Raimi could take the reins from Disney and use his skills to produce a high quality film worth seeing.

The project is written by Mitchell Kapner (The Whole Nine Yards, Romeo Must Die), and Joe Roth.

Would you want to see Sam Raimi direct Oz, The Great And Powerful?

Timur Bekmambetov, director of arguably the silliest blockbuster of the last decade or so, Wanted, is apparently being wined and dined by Disney into directing The Great and Powerful Oz. In case you weren’t aware, this is a origin story/reboot of The Wizard of Oz; it would explain how he came to rule Oz blah blah blah it’ll be shot in 3D and probably be completely unnecessary. But hey, Disney needs to fill the void that the Prince of Persia franchise now won’t be. Read the full story

Jon Favreau‘s Iron Man 2 debuted to $128 million dollars this weekend and a solid 74% on Rotten Tomatoes. It seems to be getting good buzz among theatergoers as well. Was I the only one that saw a poorly constructed film ridden with problems? Check out my reasons below. Read the full story

Two years ago the summer couldn’t have gotten off to a better start. Iron Man came out of nowhere and defied expectations, a critical darling fully embraced by general audiences and nearly every comic book nerd out there. The second time around? Don’t expect the same results. Read the full story