Gaumont, Radar Pictures, and Original Media are going big with Joel Schumacher’s “Twelve.” Variety says Chace Crawford, Emma Roberts, Rory Culkin, 50 Cent, Ellen Barkin and Kiefer Sutherland have signed on to star in the film based on Nick McDonnell’s novel. The book, which McDonnell wrote back in 2002 when he was just 17-years-old, is about a high school dropout who becomes a drug dealer. Things get ugly when his cousin is murdered and his best friend is accused of committing the crime. The film is expected to be ready for a winter 2010 release.

Audiences at ShoWest thought the trailer for “The Hangover” was downright hilarious and apparently Warner Brothers Pictures is expecting the film to be just as successful when it’s released June 5th because they’re already working on a sequel. According to Variety, “The Hangover” director, Tom Phillips, will write the second film with Scot Armstrong. Being that the film is about a group of groomsmen who wake up in Vegas with no recollection of what happened the night before, I’m not quite sure where they could go with a sequel. Warner Brothers has made deals for Bradley Cooper, Zach Galifianakis and Ed Helms to reprise their roles, so perhaps the boys will bring their antics to a foreign country?

Bon Jovi will rock out at Tribeca. Variety reports that “Bon Jovi: When We Were Beautiful” will make its world premiere at the Tribeca Film Festival on April 29th. Director Phil Griffin used interviews with the band to give the audience a look at its 25-year history. The film will also be shown on April 30th and May 2nd.

Sorry Spidey fans, you won’t find out who the villains of “Spider-Man 4” will be until the script is complete. Sci Fi Wire reports that director Sam Raimi said, “I’m not at liberty to discuss the villains yet. I think I have to wait ’til the finished screenplay, and then it’d be up to Sony Pictures and the producers to determine when they want to release that information.” Raimi also said he expects David Lindsay-Abaire to have the screenplay ready by the summer.

Production on “Iron Man 2” has taken off! Director Jon Favreau told IESB that Robert Downey Jr., Gwyneth Paltrow and Don Cheadle will begin shooting today. Check out the image Favreau sent IESB to the left.

Christian Bale has signed on to join Mark Wahlberg in Hot Endeavor’s “Prisoners.” According to The Hollywood Reporter, the film is about a guy who doesn’t exactly gel with the detective working on the case of the kidnapping of his young daughter and her friend. The dad, a small-town carpenter, decides to take matters into his own hands and captures the guy he thinks is responsible for the crime. THR also adds, “There's a lot more there, but we won't spoil it except to say the two leads have great arcs and the supporting players, especially the mothers, have juicy parts.”

Roger Friedman better hope Wolverine doesn’t come clawing at his door, or, even more terrifying, the immense amount of fanboys he angered. Variety reports that the Fox News blogger posted a review of the pirated version of “X-Men Origins: Wolverine.” On Saturday, there was talk that Friedman had been fired for commenting on the bootleg of the movie, which is a 20th Century Fox film, but his termination still cannot be confirmed. Despite Friedman’s positive review for the film, Wolverine fans still demand his actions result in his dismissal. Check out Variety’s full article, which is filled with details on the situation by clicking here.

A porn company producing a mainstream movie? It looks like that’s what’s happening with Adam Sandler’s latest project, “Born to be a Star.” According to The Hollywood Reporter, Christina Ricci has just joined the cast of the comedy being backed by Miles Deep Production. Sandler co-wrote the script about a neighborhood geek who finds out his parents were 70s porn stars. He leaves his quaint hometown in Northern Iowa for Hollywood where he hopes he can follow in their footsteps and become an adult-film star. Ricci’s role will be the nerd’s unsuspecting girlfriend.

Rupert Grint is trading in his robe and wand for alcohol, drugs and sex. In the film “Cherrybomb,” Grint plays Malachy, who, alongside his best friend Luke (Robert Sheehan), is ready to have the summer of his life. Things get completed when Michelle (Kimberley Nixon) comes to town and devises a dirty competition between the guys to win her heart. Check out the brand new trailer below:

Hearing that Rob Schneider is going to be in a romantic comedy may turn your stomach, but don’t worry, he’s mainly sticking with the comedic element of this film. According to The Hollywood Reporter, Schneider will play, Ernesto, a risk-taking helicopter pilot in “You May Not Kiss the Bride.” Rob Hedden, who wrote the script, is directing the film about an American pet photographer who marries a gangster’s daughter. While on their honeymoon, he runs into some trouble with a gang of Croatian mobsters. The cast includes Dave Annable, Vinnie Jones, Katherine McPhee, Mena Suvari, Tia Carrere and Ken Davitian, but there’s no word on what characters they will play.