Greenlit | featured news

James Cameron will start writing the scripts for two "Avatar" sequels early next year, aiming to land the first one in theaters four years from now. Executives at 20th Century Fox announced Wednesday that Cameron has settled on two sequels to the blockbuster hit as his next film projects with plans to begin production in late 2011.

The wait is over, and the news is finally official: the project is greenlit, and Peter Jackson will direct two "Hobbit" films, with production set to start in February 2011.