Copyright 2008 Stephen Lovekin / Getty Images

Michael Douglas is reuniting with director Oliver Stone for a sequel to the 1987 crime drama 'Wall Street,' and Douglas will be starring alongside a hot young Hollywood star.

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Copyright 2009 AFP / Michael Buckner / Getty Images

Greed is good -- again. Michael Douglas and director Oliver Stone will officially reunite for a sequel to the 1987 hit 'Wall Street,' reports Variety, and 'Transformers: Revenge of the Fallen' star Shia LaBeouf is reportedly in negotiations to join them.

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Hollywood.tv joins some celebrity children for a day at the playground.

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Copyright 2008 Shreveport, Louisiana PD

ET confirms that Josh Brolin and Jeffrey Wright, stars of Oliver Stone's forthcoming President Bush biopic 'W.', were arrested Saturday morning in Shreveport, LA. The actors and three other crew members were busted outside Stray Cats bar when they allegedly interfered with the arrest of a fellow 'W' staffer, who was facing cuffs for public intoxication and resisting detainment.

The trouble began when crew member Eric Felland was allegedly asked to leave the bar and refused. An officer tried to physically remove him, but Brolin, Wright and their 'W' colleagues allegedly attempted to pull Felland away from the authorities.

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Copyright 2008 Scott Nelson / ETonline.com

Gov. ARNOLD SCHWARZENEGGER, former first lady NANCY REAGAN and director OLIVER STONE were some of the famous faces in attendance at CHARLTON HESTON's funeral on Saturday in L.A., reports the Associated Press.

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Copyright 2008 Stephen Shugerman / Donald Bowers / Getty Images

JAMES CROMWELL ('The Queen') and ELLEN BURSTYN have just been cast to play GEORGE HERBERT WALKER BUSH and BARBARA BUSH in 'W,' the upcoming OLIVER STONE biopic about their son, President GEORGE W. BUSH, per Variety.

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Copyright 2008 Michael Buckner / Getty Images

ELIZABETH BANKS -- best known to audiences for her roles in such films as 'Invincible,' 'The 40 Year Old Virgin' and all three 'Spider-Man' movies -- is in final talks to take on the role of LAURA BUSH in the GEORGE W. BUSH biopic 'W,' per The Hollywood Reporter.

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Copyright 2007 Michael Yarish/ FOX / FOX

Sixteen finalists will be brought to Hollywood to compete for a DreamWorks studio development deal in the new unscripted series, "On the Lot," premiering Tuesday, May 22 at 9 p.m. on FOX, from Executive Producers MARK BURNETT and STEVEN SPIELBERG.

Each week, they will be divided into teams, and each team will produce a short film in an assigned genre. One member will be selected as the team's director and the other members will help produce the film.

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Copyright 2006 Stephen Shugerman / Getty Images

SANDRA BULLOCK, ROBIN WILLIAMS and a cavalcade of A-List stars converged on the Beverly Hilton for the Hollywood Awards Monday night, and ET was there to catch all the action -- from the red carpet to backstage!

The big year-end awards season kicks off with the Hollywood Awards, which honor the celluloid achievements of a variety of Hollywood hot shots, both in front and behind the lens, offering a unique preview of this year's leading Oscar contenders.

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It was stars, glamour and more stars at the world-famous Cannes Film Festival over the weekend. From HALLE BERRY to HUGH JACKMAN to CHARLIE SHEEN, the A-listers abounded in the southern French city!

Charlie joined his 'Platoon' co-stars WILLEM DAFOE and TOM BERENGER for a screening of the 1986 war movie, and he speculated on why director OLIVER STONE may have wanted him for the role.

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