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Movie News from ComingSoon 
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Nicolas Cage will star in an updated version of 1992's The Bad Lieutenant with Werner Herzog directing, Edward R. Pressman producing and Avi Lerner's Nu Image/Millenium Films financing, reports Variety .
The "2008 ShoWest Edition" of the Dolby newsletter (in PDF format) has a list of upcoming 3-D releases and includes Transformers 2 (as well as Steven Spielberg's Tintin ). We're hearing that, although it's on the list, the sequel is not a lock yet for a 3-D release. A final decision will be made based on the availability of Digital 3-D and IMAX 3-D screens. The big problem facing the Transformers sequel is that Ice Age: Dawn of the Dinosaurs comes out just five days later and would rule out a majority of the Digital 3-D screens.
Jan de Bont ( Twister , Speed ) is set to direct Point Break: Indo , says The Hollywood Reporter .
Paramount Vantage and Overture Films will co-finance and distribute Oscar winner Michael Moore's next film, a searing and provocative follow-up to his groundbreaking 2004 documentary Fahrenheit 9/11 . The announcement was made today by Moore, Nick Meyer, President of Paramount Vantage, John Lesher, President of Paramount Film Group, and CEO Chris McGurk and COO Danny Rosett of Overture Films. Paramount Vantage will handle international distribution in all media and Overture will handle domestic distribution in all media. Paramount Vantage will be launching the film into the international marketplace this week in Cannes. The film is scheduled for release in 2009.
ComingSoon.net's The Weekend Warrior offers a preview of the new releases opening the week of Friday, May 16, which in this case is really only two movies, Disney's The Chronicles of Narnia: Prince Caspian , and this week's "Chosen One" , which is Joachim Trier's Norwegian drama Reprise (Miramax).
Matthew McConaughey plays the dual role of star and producer on the new comedy Surfer, Dude , which Anchor Bay Entertainment has acquired for release in the U.S. Anchor Bay Entertainment President Bill Clark announced the deal today.
ShockTillYouDrop.com is reporting (via BlogdeCine ) that David Cronenberg ( A History of Violence , The Fly ) is a contender to direct the remake of Nacho Vigalondo's Timecrimes . The original Spanish-language film Los Cronocrimenes is a noirish thriller about a man who travels back in time half an hour to prevent a serious crime. Timothy J. Sexton wrote the script for the new version.
ShockTillYouDrop.com reports that Lance Henriksen ( Near Dark , Pumpkinhead ) has a cameo role in the Diablo Cody-scripted Jennifer's Body , starring Megan Fox, Amanda Seyfried, Johnny Simmons, Adam Brody and J.K. Simmons. Karyn Kusama is directing the horror-comedy.
ComingSoon.net sits down with director Joachim Trier to talk about his award-winning Norwegian drama Reprise about two young friends whose dreams of being famed authors is sidelined by life's ironic roadblocks.
The Weinstein Company will turn the Jim Henson series "Fraggle Rock" into a live-action musical feature, reports Variety .
