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 line-up including Julia Roberts, Ashton Kutcher, Anne Hathaway, Patrick Dempsey and Jennifer Garner, is set to hit cinemas on February 12th - just in time for the romantic occasion on February 14th.

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 December 31st, 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.