Hitfix reports that Martin Scorsese is gearing up to direct a Frank Sinatra biopic. Sounds like an an ideal pairing of director and material at first, but the story also notes two points to temper your enthusiasm. The project is sanctioned by the Sinatra estate, which means the more sordid aspects of Frank’s life will likely be left out, and is written by Phil Alden Robinson, a writer known best for Field of Dreams, which is a great movie but not necessarily the type of treatment we’d like to see for the guy who inspired The Godfather’s Johnny Fontane. Let’s hope for the best.

Surely you were wondering how the hell Daniel Day-Lewis would follow his iconic, Oscar-winning performance from There Will Be Blood as a deeply insane turn-of-the-century oil prospector who represents capitalism itself. Well, how about playing an Italian film director in a musical version of 8 1/2? It may sound a little wacky, but judging from this first trailer from the Rob Marshall-helmed Nine, it looks incredible. Day-Lewis is pretty much the greatest actor alive right now, and he’s the one guy in a cast of equally talented and gorgeous women including Penélope Cruz (who is looking…just…wow…), Marion Cotillard, Nicole Kidman and, um, Fergie if victims of horrifically-botched plastic surgery is your thing. I think I’ve officially got a movie to look forward to this December other than Avatar.

And lest you think all the news is good, Hollywood is trotting out yet another Jekyll and Hyde movie. Actually, make that two. That’s right, ladies and gentlemen, try to contain your excitement: Keanu Reeves and 50 Cent are starring in competing Jekyll and Hyde projects! The Keanu one will probably be just about as interesting as that terrible Day The Earth Stood Still remake, but at least the Fiddy one sounds nuts enough to check out. He’s Hyde, Forest Whitaker is Jekyll, and mad genius Abel Ferrara (Bad Lieutenant, King of New York) is directing. Walk, don’t run, everybody.