Richard Gere is close to nabbing the lead role in 'Arbitrage,' a drama about a troubled hedge fund magnate desperate to complete the sale of his trading empire who makes a serious error, requiring him to turn to an unlikely person for help, getting him into even more trouble. The film is written and directed by Nicholas Jarecki and co-stars Eva Green and Susan Sarandon. Gere replaces Al Pacino, who was up for the role but dropped out. Shooting begins in New York in April.[Deadline]

Summit Entertainment has pushed back its release date for Jodie Foster's Mel Gibson–starrer, 'The Beaver.' The film, which was originally set to open last year but was rescheduled for March 28 because of bad press resulting from Gibson's run-in with his ex-girlfriend, will now open in May. The film premieres at the South by Southwest Film Festival on March 16 and will open in a limited run on May 6, expanding on May 20. [THR]
categories Movies, Cinematical