Michael Bay's The Institute is teaming up with Kalliope Films on a 3D film based on the classic Grimm Brothers fairytale "Hansel and Gretel."

Scott Gardenhour and Kira Madallo Sesay will produce the live-action pic.

Founded by Michael Bay and Gardenhour, The Institute is the commercial production house behind "Jumper" and "Pearl Harbor."

Madallo Sesay, meanwhile, is the founder of Kalliope Films.

"Hansel and Gretel" is scheduled to begin lensing in spring 2011 in Germany. Joseph C. Pepe, the lead character designer on "Avatar" will design the mythological characters.

Bay is currently shooting the third installment of "Transformers."

Follow Stuart Oldham on Twitter. 

LOS ANGELES, June 23, 2010 - IMAX Corporation (NASDAQ:IMAX; TSX:IMX) and The Walt Disney Studios today announced a new agreement to release three additional 3D pictures to IMAX® theatres in 2011. The titles included are Mars Needs Moms, starring Seth Green and Joan Cusack, slated for release on March 11, 2011 and executive produced by Robert Zemeckis; Pirates of the Caribbean: On Stranger Tides, starring Johnny Depp and Penelope Cruz, slated for release on May 20, 2011 and Cars 2, slated for release on June 24, 2011.

On Monday night, the cast and filmmakers behind "The Green Hornet" unveiled the first-ever trailer for Sony's upcoming 3D action hero pic at Mann Chinese 6 in Hollywood.

On hand for the media-only presentation were star Seth Rogen, director Michel Gondry, writer Evan Goldberg and producer Neil Moritz. 

"We really wanted to make sure it portrayed the real feel more than anything," Rogen told the audience. "And I'm sure you all know a million times more about the Green Hornet than 99% of the people who will be seeing this trailer."

Following a brief Q&A, Rogen was supposed to then run next door and introduce the "Hornet" trailer on Jimmy Kimmel Live! but the late night talk show was having technical difficulties so the teaser never aired on ABC. (The 12:45AM ET online launch of the trailer, however, was still kept.)

Based on the popular 1960s TV show, "The Green Hornet" tells the story of a playboy heir (Rogen) to an L.A. newspaper fortune who resorts to fighting crime against the city's evil dwellers. Cameron Diaz, Christoph Waltz and Jay Chou also star.

Sony's 3D action-comedy hits theaters on January 14, 2011. 

Watch below:

Follow Stuart Oldham on Twitter. 

LOS ANGELES, CA, June 16, 2010 - IMAX Corporation and Sony Pictures Releasing announced today that The Green Hornet, the adaptation of the radio and television masked superhero character, will be released to IMAX® theatres, simultaneously with the film’s wide domestic 2D and 3D release on January 14, 2011. The film will be digitally re-mastered into the image and sound quality of The IMAX Experience® and presented in IMAX® 3D.

Disney and Pixar have assembled a making-of featurette for "Day & Night," the 3D animated short that will premiere in front of "Toy Story 3" (June 18).

"Day & Night," directed by Teddy Newton, tells the story of two opposite characters who meet within a three-dimensional world.

Watch below.

To infinity...and Facebook?

Disney has unveiled a new ticket application for "Toy Story 3" that allows Facebook users to purchase movie tickets on the social networking site.

Dubbed Disney Tickets Together, the Facebook application gives users the opportunity to order tickets in advance for the Pixar film, which then alerts friends and followers of the purchase. The social networking experiment, the first of its kind, could essentially change the way Hollywood sells tickets online.

Dan Rose, Facebook's VP of partnerships and platform marketing, tells the New York Times, “What Disney is doing moves beyond just creating awareness to using the platform to acquire customers directly,” Rose said. “This is the first time that a movie studio has tried this, which we think makes a lot of sense because moviegoing is one of those activities that is inherently social.”

According to the Times, Disney unveiled the new application May 26 on the "Toy Story 3" Facebook page, which currently has over 735,000 fans.

While Fandango.com remains the Internet's most popular destination for online movie tickets, Facebook is the King of the Web with over 500 million users worldwide. Thus, a successful "Toy Story 3" campaign would certainly boost the industry's ties with social network sites in general, not just Facebook; something online marketing execs have been touting as the wave of the future.

And Hollywood could surely use the increased awareness, especially after a dismal Memorial Day weekend, which marked a seventeen year-low for overall ticket purchases.

Let's just see if Facebook users "Like" the new ticket application, first. After all, not every tough guy wants his friends to know about a future date with Buzz Lightyear and Mr. Potato Head.

"Toy Story 3" hits theaters June 18.

"Flight of the Conchords" star Jemaine Clement is in advanced talks to play one of the villains in Sony's third installment in the Men in Black franchise.

Move confirms rumors that began circulating back in March.

"MIB" marks the third feature film for Clement, who last starred in Jared Hess' "Gentlemen Broncos" and can be seen this summer in Jay Roach's laffer "Dinner for Schmucks" as well as 3D animated pic "Despicable Me."

The New Zealand native joins a cast which already includes MIB vets Will Smith and Tommy Lee Jones. Josh Brolin is also in talks for the Barry Sonenfeld-directed sequel. Brolin will play a younger version of Agent Kay (Jones).

Men in Black III, which is getting the 3D treatment, hits theaters on May 25, 2012.

Production is expected to begin this fall.