Spielberg and Reitman doing Baywatch 3D!

EXCLUSIVE: A reliable source has informed me that Steven Spielberg and Ivan Reitman have purchased the rights to "Baywatch 3D" in a seven figure deal. No word on whether it is to be fast tracked or back burnered for now. But with the 3D revolution arriving in full force in 2009, one can only imagine.

Given the worldwide popularity of the TV series and throw in 3 dimensions as well, it could make a killing. Lifeguards in slow-mo, popping out at you while they run on the beach never gets old I guess.

I will have further confirmation of when production may begin and I will pass on any further details at that time. Stay tuned.