"FilmEngine has approved a pitch for a sequel to the 2004 New Line hit "The Butterfly Effect" that studio plans to distribute as a negative pickup. Pic will have all new characters, meaning original's star, Ashton Kutcher, isn't expected to be involved. The story will follow a new character who, like Kutcher in the first, finds he can travel through time. As he changes past events, though, they have unexpected consequences in the present..." (full details)

"Sony Pictures is in negotiations with Marvel Entertainment to turn one of Marvel's lesser-known comicbook characters, "Killraven," into a sci-fi tentpole pic. Set in a future where mankind has been enslaved by an alien race, storyline follows a man who, though born in captivity, rises through gladiatorial battles to become the leader of a group of revolutionaries. Called the Freemen, his warrior-slaves unite in an attempt to drive the invaders off the Earth. Sony already is in discussions with Pulitzer Prize-winning playwright Robert Schenkkan ("Spider-Man 2") to adapt the 1970s comicbook series..." (full details)

"A source for Coming Soon! spoke with Ryan Reynolds at Wizard Con on the weekend and "not only did he say he would love to play Deadpool, but he confirmed that he had a meeting the previous night with David Goyer, and if Warner Bros. green lights his script, he said, 'I am the Flash'"..." (full details)

Thanks to 'KC'