News update: May 31, 2011

Summit Entertainment has announced it will release Duncan Jones’ “Source Code” on video on demand Friday, July 8, more than two weeks before its Blu-ray and DVD release on Tuesday, July 26.

The studio says that the release “will test the demand for viewing a bigger budgeted film digitally prior to the release of physical discs.”

It will be fun to watch how this plays out, considering some smaller studios, such as Magnolia, have already been releasing films on demand before they even hit theaters. If this experiment is financially successful, you might see studios practicing this form of release more often.

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Daily “Hunger Games” casting update: Donald Sutherland will play President Snow, according to The Hollywood Reporter.

“Hunger Games,” which stars Jennifer Lawrence, is scheduled for a March 23, 2012 release.

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Deadline is reporting that James Gray’s (“We Own the Night,” “Two Lovers”) latest project, “Low Life,” will star Joaquin Phoenix and Marion Cotillard, with Jeremy Renner also in talks.

According to website, the movie will star Cotillard as a Polish immigrant, with Phoenix as a “sleazebag.”

Shooting on the film is set to begin next year.

Trailer of the day:

“Don’t Be Afraid of the Dark,” from director Troy Nixey and producer Guillermo del Toro (which the trailer won’t let you forget), has the potential to be one of this summer’s sleeper hits. Any thoughts?

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