- Heads up, Wii owners, the first batch of discs enabling Netflix Watch Instantly streaming have begun shipping. If you haven't ordered your complimentary streaming disc, click right here.

- Lionsgate has pulled out of the bidding war for MGM, leaving Time Warner and a holding company called Access Industries run by a private Russian billionaire. If you had $7.5 billion laying around, would you drop around $1.5 billion to own the roaring lion?

- Speaking of Lionsgate, the studio has just hired John Singleton to direct Abduction, a vehicle for Taylor Lautner that will find the star playing a youth who discovers his parents aren't really his parents; adventure ensues. This is no way sounds like it could be the plot of Disney Channel Original Movie.

- Relativity Media has optioned first-time screenwriter Greg Russo's screenplay Down -- it's about a guy trapped in an elevator. I love that it's already being described as "Buried meets 1408", because it's always great to pitch a film by comparing it to one that hasn't even been released yet.
categories Movies, Cinematical