With a cast that includes Jeremy Renner, Gemma Arterton and Famke Janssen and a plot revolving around the two gingerbread house survivors dedicating their lives to eradicating witches, it's hard not to be excited for Hansel and Gretel: Witch Hunters (it also doesn't hurt that it's being helmed by Dead Snow director Tommy Wirkola). We've known for a while that the movie will begin production next month, but what has been up in the air is when the movie would find its way to theaters. According to Deadline the answer is March 2, 2012.

What also makes the announcement interesting, however, is that Paramount has struck a deal with the recovering MGM to have them co-finance the movie (MGM is now owned by Spyglass Entertainment which has always had a close relationship with Paramount). This news comes shortly after it was announced last week that MGM would likely co-finance some of Sony's upcoming titles, including David Fincher's The Girl With The Dragon Tattoo.

Seeing as MGM currently has zero movies on its upcoming film slate, the only way that it's going to be able to grow is by co-financing projects like this. Provided they keep it up, the studio could once again become the powerhouse it used to be.