Legendary Pictures has pulled the plug on "Paradise Lost," an individual close to the film confirmed to TheWrap. 

The company was concerned that costs would balloon out of control on the big-budget adaptation of John Milton's epic poem.

"This isn't 'Avatar,'" the individual told TheWrap. "They're only going to make it for a price."

Also read: Universal Pulls the Plug on 'The Dark Tower'

Production on the movie was delayed last winter...

Peter Jackson has chosen Billy Connolly to play a great dwarf warrior in New Line's two "The Hobbit" movies, thus completing the casting of both films, the director said Wednesday.

"We could not think of a more fitting actor to play Dain Ironfoot, the staunchest and toughest of the Dwarves, than Billy Connolly, the Big Yin himself," Jackson said in a written statement. "With Billy stepping into this role, the cast of 'The Hobbit is now complete. We can't wait to see him on the battlefield...

Jason Statham is going where Burt Reynolds has gone before. 

The "Transporter" actor will star in a remake of the mustached icon's 1987 film "Heat," producer Sierra/Affinity said on Wednesday. 

Do not get confused with Michael Mann's 1995 heist drama, despite sharing a title, this "Heat" is set in the world of gambling, not high-stakes robbery. 

Brian De Palma will direct the film from a script by Oscar-winner William Goldman. Goldman wrote the screenplay to the original film (and the novel it is based on), which was directed by Dick Richards ("Farewell, My Lovely...

Anchor Bay Films has picked up all North American distribution rights to "Excision," the company said on Tuesday.

The horror film made its world premiere at the Sundance Film Festival last month, and if promotional materials are any indication, it is awash in buckets of blood.

The film centers on a delusional teenage outcast, who engages in such timeless adolescent activities as scab picking and road kill dissection. Those pastimes create friction with her parents and to repair the relationship, Pauline undertakes a risky operation to help her sister recover from cystic fibrosis.

Commenting on the film's extreme...