Happy holiday, Shockya.com readers! As you’ve still got a few hours until the fireworks and BBQs begin, why not catch up on your week of movie news? This week’s Movie News Cheat Sheet is absolutely brimming with sequels. Not only is the Toy Story franchise likely to continue, but Thor and Red are poised for seconds, too. As for the sequels already in production, we’ve got a roundup of the latest out of the The Dark Knight Rises set as well as an update on Paramount’s casting effort for G.I. Joe 2: Cobra Strikes. Justifying all of this sequel buzz, Transformers: Dark of the Moon proves that franchises do pack…

More “Thor 2″ news report: CinemaBlend via Deadline has reported that “My Super Ex-Girlfriend” scriptwriter Don Payne has been hired to write the script for the sequel to the successful Marvel film. Payne is one of the writers credited for “Thor” and has also written the script for “Fantastic 4: Rise of the Silver Surfer.” Payne has also rewritten “Lobo” and acted as the executive producer of “The Simpsons.” Just this week, it was announced that a “Thor” sequel was underway and is slated for release on July 26, 2013. Chris Hemsworth is set to reprise his role as the Norse god of thunder, but it is unknown whether the…

Variety is reporting that Warner Bros. Pictures has tapped “Snatch” and “Sherlock Holmes” director Guy Ritchie to direct a live-action adaptation of DC Comic’s “Lobo,” a title about a foul-mouthed hyperactive bounty hunter from space. Don Payne wrote the most recent script, and Joel Silver, Akiva Goldsman and Andrew Rona will be producing the project, which will be a co-production between Weed Road and Silver Pictures. The film will focus on Lobo, a seven-foot tall, blue-skinned, ultra-violent, and indestructible anti-hero bounty hunter who drives a flying motorcycle and comes to Earth seeking four fugitives who are bent on wrecking even more havoc than him. He teams up with a small…