· Summit still hasn't confirmed it, but reliable (and kind of obvious, really) word on the street says that the final installment of the Twilight series, Breaking Dawn, will be split into two movies. That could more than double the box-office gross for this one property alone, all while dropping the production budget usually associated with two movies. It's a "Duh" move if ever there were one. The only thing left to determine is whether to shoot it in 3-D -- another revenue boon that Summit will probably greenlight as well. Seriously: If Robert Pattinson's aromatic, bed-head pompadour in your face can't motivate you to drop an extra $5, then nothing can. Even Jeffrey Katzenberg is in line. [Deadline, THR]
Vin Diesel readies once more for Riddick, Kevin Costner will direct again, and more Hollywood Ink after the jump.
· Who's ready for Vin Diesel to return for a third installment of the Riddick franchise? I said, Who's ready for Vin Diesel to return for a third installment of the Riddick franchise? Don't everybody raise your hands at once. [Variety]
· Plunking into the director's chair for the first time since Open Range in 2003, Kevin Costner will helm and star in the book adaptation A Little War of Our Own, playing a World War II-era sheriff who struggles to keep his town from turning violent. The film is casting a German U-boat commander as well if anybody has any referrals to make. [Variety]
· Kate Mara will co-star with James Franco and Amber Tamblyn in Danny Boyle's 127 Hours, about mountaineer Aron Ralston's real-life survival ordeal in Utah. Mara and Tamblyn will play hikers whom Ralston (Franco) meets on his way to severing his own arm. [THR]
· Michael Winterbottom's next film The Promised Land will boast the sales presence of Academy Award nominee Colin Firth, which is good timing -- Winterbottom and associates are currently pre-selling the Palestine-set period drama at the European Film Market. [THR]