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Hollywood Ink: Michael Caine Claims His Latest Paycheck

Also among today's scintillating trade news: More awesome Robert Schwentke news (even if it's recycled)... Tree of Life may be coming to theaters sooner than you thought... Anyone interested in another stoner comedy?... and more Hollywood Ink after the jump.

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Rick Moranis Reportedly Out of Retirement for Ghostbusters 3

It sounds like the sequel to Ghostbusters is progressing, despite Bill Murray's vitriol. Apparently, Rick Moranis has agreed to come out of retirement and reprise his role as Louis Tully (AKA "The Keymaster") for the script by The Office writers Gene Stupnitsky and Lee Eisenberg which calls for a younger and hipper group of ghostbusters. Sigourney Weaver is on board too. Hopefully, Moranis' return to acting won't keep him from making more awesome country music.

[Bloody Disgusting via ONTD]

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VIDEO: Guy Ritchie and Jude Law Want to Sell You Cologne

You'd think Guy Ritchie's lightning-fast cuts and shotgun-to-the-face subtlety would make him a perfect candidate for directing advertisements. But his five-minute short film with Jude Law for Dior Homme is a little slow, very pretentious and doesn't even have one explosion! It looks pretty though.

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Who Should Direct the Just-Announced Ronald Reagan Biopic?

Hollywood is giving Ronald Reagan's life the big-screen treatment with a just-announced film based on not one, but two biographies of the former president. A director has yet to be signed, but if this take is really going to depart from the 2003 mini-series The Reagans we need to think outside the box. And so, I propose five directors to take on The Gipper's life after the jump.

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Disney's Viral Tangled Teaser: Is It a Page Out of Shrek's Storybook?

· Disney gets cutesy and (sigh) pop-culture-referencey in its new viral teaser for Tangled -- a two-minute send-up of that double rainbow video that seems like something Shrek, Donkey, and Puss in Boots might concoct during a lull in Shrek 2. Judge for yourself -- does this clip bode well for Tangled's potential? Or is this a slice of Dreamworks-level satire? [Coming Soon]

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Video Game Version of The Room Boasts Broken English and Pixel-Perfect Nudity

When I spoke to Tommy Wiseau at Comic Con, the auteur behind the cult sensation The Room was bullish about his career: "I'm hoping for any project, from little person, to big person! But guess what, I am little person!" Now, he is an even littler person, in The Room: The Game.

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Carey Mulligan 'Not Famous Enough' for Glee?

According to the new issue of Vogue, Oscar nominee Carey Mulligan isn't cut out for Ryan Murphy's slap-happy Fox singalong, and it has nothing to do with her range. "I want to be in Glee," she said in the magazine, "but I'm told I'm not famous enough to be a cameo." This dredges up all my old resentments about the role of Sue Sylvester not going to Alfred Molina. [E!]

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Liam Neeson Reportedly Signs Up for Battleship

Well, this probably accounts for around $10 million of the reported $200 million Universal has set aside for Battleship. Taken star Liam Neeson has signed to play Admiral Shane, a naval officer whose daughter (Brooklyn Decker) is engaged to the newly shorn Taylor Kitsch. Expect much arguing and, ultimately, begrudging acceptance. Also: Aliens. [Deadline]

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Buzz Break: Taylor Kitsch is No Longer Your Long-Haired Samson

· The braintrust behind Battleship has already made some interesting choices (like casting Rihanna as a tough naval officer), but this may trump them all: Taylor Kitsch has been forced to cut his hair. That just ain't right. Click through for a closer look and more Buzz Break.

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James Franco's Saturday Night Live Documentary Gets Distributor, Release Date

Briefly mentioned at the top of THR's, um, enlightening interview with James Franco -- "I do masturbate a lot," offers the 127 Hours star -- is news that his Saturday Night Live documentary, Saturday Night, has found a distributor. Franco says Oscilloscope has bought the film with eyes toward a limited February release. Having been one of the hundreds turned away from the Tribeca screening this past May, consider me quite excited. [THR/Risky Business]

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Alec Baldwin, Kim Basinger and Other Wild Memories of 1994 Unveiled in Movieline's Vault

Just because it's Tuesday morning doesn't mean your holiday has to end: Take a few hours out of your post-Labor Day hangover to luxuriate in Movieline's Vault. Our print predecessors from 1994 have migrated on to the Web at last, and there are some jewels in there, believe me. A sampling follows (with more to come in the hours and days ahead):

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Help Movieline Caption John Travolta's Wand-Wielding Harry Potter Interlude

I know it's probably a little hard for you to get going this morning after your three-day farewell to summer, but admit it: It's nice to have finally made it out of that awful season's news wasteland and into a richer, more dynamic atmosphere of breaking developments and heavy-hitting trends. Take John Travolta and Kelly Preston's recent trip to The Wizarding World of Harry Potter in Orlando. No, really -- take it. I don't want it.

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Jenny Slate Is Lowered onto the SNL Chopping Block

Casting changes are apparently not yet complete for Saturday Night Live's 36th season, alleges Deadline this morning. The current cast member whose fate hangs in the balance is reportedly Jenny Slate, the Brooklyn comedian best known for her Hoda Kotb impression, Tina-Tina Cheneuse sketches, and accidental use of an expletive during her first season. Second-generation cast member Abby Elliott is supposedly being asked to return for another season after her fate also hung in "serious jeopardy." [Deadline]

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Hollywood Ink: Olivia Thirlby Will Lay Down the Law in Judge Dredd

Also in this morning's Hollywood Ink: Jonathan Rhys-Meyers finds his next period piece... Robert Schwentke (Schwentke! Schwentke!) circles another project... and your long awaited Alyssa Milano update. (Apparently Hollywood took Labor Day weekend very seriously this year.)

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Gilliam Loses Financing for Don Quixote Again, Seems Even More Similar to Title Character

The parallels between Terry Gilliam's failed attempts to make The Man Who Killed Don Quixote and the hopeless quests of Quioxte himself keep piling up. Gilliam announced that financiers have pulled out, leaving him again without resources to complete the film that he has been trying to get off the ground for 10 years.

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