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Holy Moly, y’all! Entertainment Weekly is reporting that Summit Entertainment, the folks that produced Twilight and will be producing the subsequent sequel movies, has announced that New Moon is now tentatively scheduled for a November 2009 release — BE WARNED … the report below contains MANY SPOILERS about the plot of New Moon and should prolly be avoided by those of you who have yet to read the book and want to remain unspoiled:

Summit Entertainment has tentatively slated Nov. 20, 2009, as the release date for New Moon, the Twilight sequel, which means any director who signs on to replace Twilight director Catherine Hardwicke has to be in Vancouver by Dec. 15 to begin 12 weeks of preproduction before a mid-March start date. Reports have speculated that Hardwicke was fired for being difficult on set, but sources close to her suggest Summit’s aggressive production schedule turned her off. “She’d love to do the sequel if she could do it better than Twilight,” says one. “It ­became clear that Summit didn’t have those same priorities.” Indeed, at press time the second movie appeared to have ­little more than a rough first-draft working script. As Summit’s production president Erik Feig told EW during Twilight’s ­record-busting first weekend, “There is that first…script. All the finesse that turns a screenplay into a movie hasn’t ­happened yet.” Two weeks later, Summit is saying it’s happy with screenwriter ­Melissa Rosenberg’s progress. Another of Hardwicke’s primary concerns was that hunky vampire Edward remains MIA throughout New Moon’s middle portion. In her own opening-weekend interview, she told EW, “You have to get the chemistry as strong ­between Jacob and Bella as it was between Bella and Edward. You also have to do ­some­thing with that arc: She’s in love with somebody, he disappears, she falls in love with someone else, and the first guy comes back. Movies like Pearl Harbor have tried it. It absolutely didn’t work.” With or without Hardwicke, Summit ­faces other snags. Two sources tell EW the studio doesn’t want to rehire baby-faced Taylor Lautner (pictured) as Jacob, though Lautner’s agent has apparently reached out to the ­imaging company behind The Curious Case of Benjamin Button in an attempt to demonstrate to Summit how a digitally bulked-up Lautner could work. (Summit says it won’t make a decision until a new filmmaker is on board.) There’s also the matter of finding a cast of Native American actors to play Jacob’s werewolf clan — a difficult challenge Hardwicke was also faced with before ­settling on Lautner, who isn’t completely ­Native American. And with a slightly increased budget of $50 million — much of which is ­assumed will go to leads asking for heftier paydays, location shoots in Italy, and ramped-up F/X — Summit will have to scrimp somewhere. So what director would want to take on such a big headache? Well, at press time, an offer was out to Chris Weitz (The Golden Compass), who put Summit on the map years ago when its foreign sales operation made tons of cash off of his first film, American Pie. (One source says Weitz has already had conversations with below-the-line crew for New Moon.) “We are in a recession,” ­reminds one Hollywood insider. “It’s a hit franchise. Whoever steps into it is guaranteed a $100 million gross. Everyone wants this movie.” Adds an exec at another studio, “You’d have to have a very high standard for art, hate the movie business, and hate ­money to walk off this sequel.”

Oh man … this is really worrisome. There are quite a few things in this report that raise red flags for me. Recasting Jacob Black is a terrible idea! Taylor Lautner made a great Jacob … I can’t believe they hired him for the part only to replace him in the rest of the films. I’m also concerned that they are talking about changing major plot points of the book. Fiddling with the way Edward appears in the sequel is a bad idea … the surest way to piss off fans is to “reimagine” the storyline and make major changes. Finally, I’m really concerned about the rush to make the film. Pre-production is to start next week … and they don’t have a finished script or a director? This just all screams BAD NEWS in my head. What do y’all think … does any of this sound reassuring to you?

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