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"Iron Man 2" rocketed into domestic multiplexes with an estimated $7.5 million from its 12:01 a.m. Friday performances.

Film News: Advance online ticket sales are boffo -- The franchise sequel opened to $100.2 million in 53 overseas markets.

Tod "Kip" Williams is set to direct the much-anticipated "Paranormal Activity 2" for Paramount.

Universal is developing a sequel to "Midnight Run," the 1988 action comedy that starred De Niro as a bounty hunter who must bring back an embezzler, played by Charles Grodin, across the country.

Paramount Pictures announced Tuesday that Cruise will be back in front of the camera for "Mission: Impossible IV," due in theaters over Memorial Day weekend in 2011. Cruise and "Mission: Impossible III" director J.J. Abrams previously agreed to produce a fourth movie in the action franchise. But it had not been known if Cruise would star again.

Producer Joel Silver told the Los Angeles Times that Guy Ritchie is no longer attached to direct Warner Bros. Pictures' adaptation of the DC Comics title Lobo because the studio is moving forward with Sherlock Holmes 2 .

As I watched Cameron and his long flowing silver hair accepting awards on behalf of "Avatar" for "Best Director" & "Best Dramatic Picture" last night at the "Golden Globes", I couldn't help but wonder how big this guy's head could get. I almost want to hate him; part of me does, not because he is a bad person or a bad director but because he is so damn successful.

When "Four" isn't enough, try "Five." Mark Wahlberg and Paramount are developing "Five Brothers," a sequel to the 2005 crime film "Four Brothers."

Tobey Maguire and director Sam Raimi will not be returning for a fourth film in the hit Spider-Man franchise, it is announced.

He's out promoting the latest season of HBO's "Big Love," but playing a polygamist isn't the only thing on Bill Paxton's mind. For instance, he's got a pitch for "Twister 2" -- in 3-D, of course.