Hollywood Update!

Taylor Swift has signed on for the upcoming film "Valentine's Day," but they won't divulge any information about the character she'll be portraying. Some pics on the web show Swift playing opposite "Twilight" star Taylor Lautner. The two Taylors play a high school prom king and queen and share a kissing scene. "Valentine's Day" follows both singles and couples in Los Angeles as they deal with the expectations that come with the February 14th holiday. The movie is scheduled to open in theaters next year on February 12th. Marie Osmond's planned return to TV will not be happening as planned. Reps for distributor Program Partners are blaming the economy. Osmond says she's hoping "Marie" will eventually get off the ground, adding, quote, "This project, under proper conditions, still remains a strong passion of mine." In the meantime, Marie continues with her Las Vegas show with brother Donny Osmond. "Donny and Marie," a stage production reminiscent of the siblings' 1970's TV variety show, is scheduled to run at the Flamingo through October 2010.