'Green Lantern' Gets Green Light, James Cameron Has The Top Two Highest Grossing Films Of All Time; Matthew Vaughn's 'Kick-Ass' To Open SXSW

Martin Campbell’s Ryan Reynolds led “Green Lantern” has finally got the greenlight. Visual effects supervisor Karen Goulekas revealed the news on her blog, a post which has subsequently been deleted, and noted that shooting will begin in 10 weeks. The film is tentatively due for release on June 17, 2011.

“Babel” actress Adriana Barraza has joined the massive cast of Kenneth Branagh’s “Thor” which is set to begin shooting next week at Marvel’s Manhattan Beach studios. The actress will play an unknown human character and will star alongside Chris Hemsworth, Tom Hiddleston, Natalie Portman, Jamie Alexander, Colm Feore, Ray Stevenson, Stuart Townsend, (pause for breath), Tadanobu Asano, Stellan Skarsgard, Idris Elba, Kat Dennings, Rene Russo and Anthony Hopkins.

Matthew Vaughn’s “Kick-Ass” will open this year’s South By Southwest Film Festival on March 12th. The film, which stars the likes of Aaron Johnson, Christopher Mintz-Plaase, Nicholas Cage, Chloe Moretz and Mark Strong, is scheduled to hit theaters a month later on April 16th.

That sci-fi film with blue people by the director of that boat film has become the 2nd highest grossing film of all time in only its 20th day of release surpassing Peter Jackson’s “Lord Of The Rings: Return Of The King.” The film still has about $735 million to catch up to Cameron’s “Titanic” whose record stands at $1,842,879,955. In related news, Cameron has confirmed that a sequel to “Avatar” is being planned — even though he already announced plans for a sequel three years ago.

Fresh off of earning the writing gig for Ryan Reynold’s much-talked about “Deadpool” spin-off, “Zombieland” writers Rhett Reese and Paul Wernick have been tapped to scribe a sequel to last summer’s god-awful “G.I. Joe: The Rise Of Cobra.” Come on guys, we figured we’d give you the benefit of the doubt on “Deadpool” but seriously “G.I. Joe”? $$$?

Coming soon to a theaters near you; a David Goyer scribed “Ghost Rider” sequel on 3-D. Producer Mike De Luca has revealed the project — titled “Ghost Rider: Spirit Of Vengeance” — is definitely going ahead, will reset the franchise, will take place in Europe, won’t see a return from Eva Mendes or director Mark Steven Johnson and could shoot as soon as this year. Excited?