Only one major movie is opening this weekend, but it might actually give Iron Man a run for its (major) money. Here’s a closer look at it…

The Chronicles of Narnia: Prince Caspian
Stars: Ben Barnes, Georgie Henley
Quick synopsis: The Pevensie siblings return to Narnia, where they are enlisted to once again help fight off an evil king and restore the rightful heir to the land’s throne, Prince Caspian.
Prediction: A surefire hit. With Iron Men entering its third weekend in theaters, we’ll even go out on a limb and say Prince Caspion will sit atop the box office throne.

With confirmation that a third installment of The Butterfly Effect is on the way, it forces us to wonder:

There was a The Butterfly Effect 2?!?

After Dark Films will distribute the movie theatrically in the U.S., as part of its After Dark Horrorfest “8 Films to Die For” series. Here’s a brief teaser for it:

Reportedly, The Butterfly Effect 3 centers on a young man with the power to time travel who attempts to solve the mystery of his high school girlfriend’s death.

The original version of the movie starred Ashton Kutcher.

Talk of sequels are everywhere in Hollywood these days.

Iron Man 2 has been confirmed, while there are heavy rumors circulating about Cloverfield 2 and even a follow-up to Donnie Darko.

Now, seventeen years after Point Break washed up in movie theaters, a sequel has pretty much been confirmed. It will be called Point Break: Indo, and Jan de Bont aboard to direct.

According to The Hollywood Reporter, RGM Entertainment and Essential Entertainment will produce this Asia-based follow-up to director Kathryn Bigelow’s original, which starred de Bont’s “Speed” lead Keanu Reeves, of course.

The new movie will take place 20 years after the disappearance of one of the criminal surfers, portrayed in the original by Patrick Swayze.

All of a sudden, Sex and the City: The Movie isn’t the most exciting upcoming film based on television series. At least not to us.

It’s been confirmed that the Weinstein Company will turn the Jim Henson series Fraggle Rock into a live-action musical feature, reports Variety.

Just like the series, the movie will be populated by a mix of human characters and Fraggle Rock puppets. The film will take the core characters Gogo, Wembley, Mokey, Boober and Red outside of their home in Fraggle Rock, where they interact with humans, which they think are aliens. Obviously.

The show premiered on HBO in 1983, ran five seasons and was broadcast in more than 80 countries. It ruled!

Audrina Patridge - one of the beautiful, talentless stars of MTV’s The Hills - has landed her first movie role.

She has signed on for Into the Blue 2, a sequel to the 2005 Jessica Alba/Paul Walker film that no one saw.

According to The Hollywood Reporter, the flick focuses on Sebastion (Chris Carmack, The OC) and Dani (Laura Vandervoort, Smallville), a married couple hired as professional divers to search for Columbus’ hidden treasure. To their horror, they learn that their wealthy employers have a much more terrifying agenda.

Patridge will play a no-nonsense, beautiful beach babe (who likely has one line and wears little clothing) whose boyfriend caters to her every command.

To paraphrase Carmack’s character from The OC: Welcome to the world of movies, bitch.

Only two major movies are opening this weekend; one offers high-tech fun for kids, the other focuses on romance and comedy for adults.

Here’s a closer look at them…

Speed Racer
Stars: Emile Hirsch, Matthew Fox, Christina Ricci
Quick synopsis: Based on the classic 1960’s Japanese animated series, follows the aspirations of a young race car driver as he attempts to obtain glory, with the help of his family.
Prediction: Not great timing here, as Iron Man will still dominate the box office, especially when it comes those seeking special effects.

What Happens in Vegas
Stars: Ashton Kutcher, Cameron Diaz
Quick synopsis: Two hot singles meet, get married, win money… and then try to get divorced.
Prediction: Looks like a fun romantic comedy, but expect a distant third place finish after Iron Man and Speed Racer.

Nominations for the 2008 MTV Movie Awards were announced this morning. The ceremony will be hosted by Mike Myers and will air on June 1.

Best Movie:

• Superbad
• Juno
• Transformers
• Pirates of the Caribbean: At World’s End
• I Am Legend
• National Treasure: Book of Secrets

Best Female Performance:

• Katherine Heigl (Knocked Up)
• Keira Knightley (Pirates of the Caribbean: At World’s End)
• Jessica Biel (I Now Pronounce You Chuck & Larry)
• Ellen Page (Juno)
• Amy Adams (Enchanted)

Best Villain:

• Angelina Jolie (Beowulf)
• Johnny Depp (Sweeney Todd)
• Denzel Washington (American Gangster)
• Topher Grace (Spider-Man 3)
• Javier Bardem (No Country For Old Men)

On the heels of an almost $200 million weekend (!), Iron Man doesn’t appear just likely to come out with a sequel; Marvel Entertainment has confirmed a follow-up to this blockbuster.

The studio has released its feature film slate, starting in 2010. The already-rumored Iron Man 2 is set for April 30, 2010, followed by three more movies for the summers of 2010 and 2011:

• Matthew Vaughn’s Thor is set for a release on June 4, 2010;
• The First Avenger: Captain America (the working title) will kick off the summer of 2011 on May 6;
• The Avengers is scheduled for July 2011.

In a conference call, Marvel Studios’ David Maisel said that Iron Man 2 will be used to introduce Thor.

Also, Regarding more Incredible Hulk movies, Maisel said they “definitely plan on continuing,” while adding that development continues on Spider-Man 4.

“I can’t give any other updates other than to say it’s in development and everybody’s excited about Spider-Man 4,” he said.

What should you go see this weekend? Which new movie will be a hit? Which ones will bomb worse than a film about the Iraq war?

Here’s a look at the four main movies opening today…

Iron Man
Stars: Robert Downey Jr, Gwyneth Paltrow, Jeff Bridges, Terrence Howard
Quick synopsis: Rich dude Tony Stark invents a suit made of iron and becomes a super hero.
Prediction: The first huge hit of the summer. Could approach $70 million in weekend box office haul.

Made of Honor
Stars: Patrick Dempsey, Michelle Monaghan
Quick synopsis: Remember My Best Friend’s Wedding? Switch genders.
Prediction: A few women may drag their boyfriends to it, but haven’t we all seen this movie many times before? A distant second place at the box office.

Son of Rambow
Stars: Neil Dudgeon
Quick synopsis: Movie’s title is the name of the home movie made by two little boys with a big video camera and even bigger ambitions.
Prediction: Won’t be on the radar as far as box office rankings go, but is receiving critical praise.

No, the headline above does not refer to the place Mel Gibson has been on since his arrest for drink driving and subsequent rants against Jewish people. But that would be an understandable mistake to make.

Instead, the controversial actor will star in Edge of Darkness, his first leading feature role since 2002. The project is a movie adaptation of the six-hour 1985 BBC miniseries about a straitlaced police investigator (Gibson) who investigates his daughter’s murder and uncovers systemic corruption that led to her death.

The film will be directed by Martin Campbell (Casino Royale), who also directed the miniseries. William Monahan wrote the script, and Graham King is producing through GK Films. Monahan and King previously worked together for The Departed.