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'Life of Pi' a huge gamble for 20th Century Fox

The movie is sophisticated, not based on a comic book and a tough sell. Still, the studio hopes to defy all odds with Ang Lee's $120-million film about a boy, a tiger and a lifeboat. Many people in Hollywood considered "Life of Pi" to be unfilmable. Now that it's about to hit theaters Wednesday, there's a new question: Can it be profitable?

Senh: This sounds and looks like a very expensive indie. Ang Lee tends to do better when he's not making big budget movies.

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New 'Peanuts' Movie in the Works at Fox

In the wake of successful cinematic revivals for the Muppets, Winnie the Pooh, the Smurfs, the Chipmunks, and Yogi Bear, 20th Century Fox has announced plans for a new big-screen Peanuts feature.

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