‘Valentine’s Day’ Sequel Underway

Hollywood bosses are already working on a sequel to star-studded new movie Valentine’s Day — the follow-up will be based on another special holiday, New Year’s Eve.

The romantic comedy, which boasts a stellar lineup including Julia Roberts, Ashton Kutcher, Anne HathawayJessica Biel and Jennifer Garner, is set to hit theaters on Feb. 12 — just in time for the romantic occasion on Feb. 14.

And producers are so sure of success, they are already plotting their next movie — which will feature some of the same characters in New York City on Dec. 31, according to Variety.com.

Director Garry Marshall is expected to return to helm New Year’s Eve, which is slated for release in late 2011.

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