EXCLUSIVE: I’ve learned that after 5 PM today, bidders will be told who won that Taylor Lautner-attached script Abducted which the new motion picture lit agency Verve sent out for its client Shawn Christensen. (At one point, Lionsgate had an exclusive negotiating window but couldn’t agree on terms.) Meanwhile, there’s a lot more Lautner news. He and Skydance’s flyboy movie Northern Lights have “respectfully parted ways over casting issues”, sources tell me, noting, “Taylor’s people want to step up and put the best actors and directors around him.” (I hear the Northern Lights project will continue to move forward without Lautner…) Now 5 more movies have been offered to the Twilight Saga’s 18-year-old co-star, including 2 for that open April slot. As for that new salary high of $7.5 million Skydance had offered him for Northern Lights, I’ve learned that Universal paid him that sum to play the title role in Stretch Armstrong. It’s good to be Taylor right now. (And let me talk you off the ledge if you’re not.)

SOURCE: Deadline Hollywood

Though plans for a topless Taylor Lautner edition of Stretch Armstrong in toy stores haven’t been announced yet, Goldner said such dolls and figures “would be in the realm of possibility” — even if Mattel toys from the “New Moon” actor’s other superhero film, “Max Steel,” end up on shelves too.

Video Games:
Video games may be another part of the rollout, with “Stretch Armstrong” looking to shoot in 3-D and emphasize all the extra perspectives it can around Lautner’s moves.

Shirtlessness:
As for how many of those 3-D scenes will display Lautner’s famous abs, the producer couldn’t offer anything more than passing the responsibility on to the “Stretch Armstrong” creators. “I leave that to the filmmakers to decide,” he said.

SOURCE: MTV

He kinda has to be shirtless. My brother had one of those dolls and he didn’t have like any clothes besides pants….

FROM MTV.COM: Team Jacob has reason to celebrate: “Twilight” star Taylor Lautner has signed on to star in “Stretch Armstrong,” based on the action figure from Hasbro.

The Hollywood Reporter announced Lautner’s commitment to “Armstrong,” Universal’s upcoming 3-D adaptation of the Hasbro toy property slated for release at some point in 2012. The film was initially scheduled for May 15, 2011, before Lautner’s involvement.

“Stretch Armstrong” focuses on an uptight spy who inadvertently exposes himself to a formula that allows him to physically stretch his body to great lengths. With his newfound ability, the spy is forced to not only re-adjust to everyday life, but also to rethink his own crime-fighting tactics.

SOURCE: MTV