"Sara Paxton will star as the title character in "Aquamarine," a Fox 2000 comedy that Elizabeth Allen is directing. Based on an Alice Hoffman children's book, the story centers on two 12-year-olds who discover a mermaid named Aquamarine (Paxton) in their beach club's swimming pool. Teen pop-star JoJo and rising tween star Emma Roberts already have been cast as the two girls..." (full details)
"Pete Travis is making a deal to direct "Vantage Point" for Neal Moritz's Original shingle at Columbia. Last fall, Col bought the Barry L. Levy spec script for mid-six figures against $1 million. The "Rashomon"-style thriller depicts the attempted assassination of the president from five different points of view. Travis is a Toronto Film Festival prizewinner for his pic "Omagh" which concerns the 1998 Irish Republican Army bombing that killed 29 people in the eponymous market town..." (full details)
"World Wrestling Entertainment CEO Vince McMahon has launched WWE FIlms, a division that will produce and fully finance genre films costing up to $20 million that star his wrestlers. McMahon has completed production on two films and signed "Stone Cold" Steve Austin to a three-picture deal. McMahon has made a deal with 20th Century Fox to distribute his first film, "The Marine," an action vehicle for WWE star John Cena. He has enlisted Lions Gate for "Goodnight," a horror film vehicle for villainous wrestler Kane..." (full details) Thanks to 'KC'
