I don't often talk about my musical tastes in this newsletter, but if you know me you'll know I'm a big gangsta rap fan. So it was with huge excitement I heard Andrea Berloff (writer of Oliver Stone's World Trade Center) was doing a script called Straight Outta Compton, the story of ground breaking gangsta rap group NWA.

Fresh off his second big success with Iron Man 2, Jon Favreau is staying in comics... sorry, graphic novels, and will bring us Cowboys and Aliens next year.

After huge success with Stardust, and next up he's joining the X-Men franchise.

In business news, the studios have reported huge growth because of 3D. That explains the chorus from directors and studio heads for the last 12 months extolling the virtues of cinema's next revolution? Revolution of adding machines, more like.

You've heard of the futures markets they're trying to set up so you can bet on a film's profits? Well, just like the real share market, dark horses can sometimes come from nowhere. After spending along time living in tabloid hell and doing little else, Lindsay Lohan has signed to play Deep Throat star Linda Lovelace in an upcoming biopic.

I also saw the Piranha 3D trailer the other day, which looks like the biggest, dumbest fun of the year. Even cooler, it's got none other than Christopher Lloyd, who you might think has been MIA since the Back to the Future series but has been working steadily ever since in stuff nobody's watched.

But in the week's biggest news a teaser for something called Super 8 accompanied early screenings of Iron Man 2, apparently the story of a group of kids in 1979 messing around with a movie camera and recording something... sinister.

So far, so Cloverfield / Paranormal Activity? But you might have heard of the two filmmakers behind it, a Mr Spielberg and a Mr Abrams.