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‘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.

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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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