Breakout star Melissa McCarthy has signed up for ID Theft, which will team her with the ubiquitous but charming Jason Bateman. As suggested by the title, the comedy follows a man who becomes the target of identity theft. Bateman will play the victim, and McCarthy the thief. McCarthy’s role was originally written for a man, but Bateman (who’s also producing) pushed to cast McCarthy in the part after seeing her inspired, scene-stealing performance in Bridesmaids.

Shooting for ID Theft will begin April 2012, at the start of McCarthy’s hiatus from Mike & Molly. The script was originally written by Steve Conrad (The Pursuit of Happyness), and is currently in rewrites with Craig Mazin (The Hangover Part II). [Deadline]

After the jump, new gigs for Natalie Portman and Parks & Recreation lovebirds Nick Offerman and Megan Mullally.

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When Paramount picked up Paranormal Activity, which turned out to be a smash hit, the company helped push forward the idea of major studios making films on shoestring budgets. Paramount has been developing a program to make microbudget movies, and now Lionsgate has announced a ‘microbudget’ initiative that will ideally generate up to ten films per year. Lionsgate’s version of ‘microbudget’ is a little different than most — these are budgeted under $2m. That’s a lot less than what most studio films cost, but the term usually conjures up films costing around $100k.

Regardless, info is out on the first three Lionsgate movies. One is Rapturepalooza, starring Craig Robinson (Hot Tub Time Machine, The Office) as the Antichrist. More info on that and two others, after the jump. Read More »

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