It is being reported that Taylor Lautner snagged an amazing 7.5 million to star in Northern Lights opposite Tom Cruise.  Nikki Finki has deduced that with this sum of money Lautner has sky rocketed to being the highest paid teenaged actor in Hollywood over Zac Efron and Miley Cyrus.  Fans of Twilight might think he’s worth the price tag, but as Cinema Blend points out, Lautner hasn’t carried a film on his own yet which makes the paycheck that much more impressive.

“Given that Lautner hasn’t carried a single movie without the word Twilight in the title, that’s a pretty significant gamble. Robert Pattinson’s projects beyond Twilight haven’t really gone anywhere, though granted, he hasn’t been groomed as a new star by a studio in the same way. But can the Twilight effect carry on without Bella lurking somewhere in the frame?”

OK so the other day Pel was all excited because Kristen mentioned wanting to have dinner with one of Pel’s favorite authors, John Steinbeck. Pel is now positively on cloud nine because Taylor has picked the lead singer of Pel’s favorite band of all time.

According to Variety, Taylor Lautner and his newly formed production company (So new in fact this is the first we’re hearing of it.) is going to produce and action flick set in Cancun that utilizes Taylor’s considerable martial arts skills. In case you missed it, check out Taylor using those skills during his SNL monologue. They film be a Summit Entertainment venture with Twilight producer Wyck Godfrey also producing this venture.

What sure to get everyone buzzing is the last paragraph in the story:

“Godfrey said the project grew out of Lautner’s enthusiasm for “Taken” — which he saw during the filming of “New Moon” — and his desire to do a movie in the genre. The Champnella/Thompson script offered the

opportunity for the former karate champ to use the brawn and physical skills he displayed during his recent hosting stint on “Saturday Night Live.”

We wanted to continue working with Taylor and feel he’s got the chops to become a big action star,” Godfrey said.

Lautner recently became attached to “Max Steel” at Paramount.

Godfrey said the hope is to get the Cancun-set project into production by June. Lautner will reprise his role of Jacob in “Breaking Dawn” beginning in late 2010, and it is likely that the final book will be divided into two films that will shoot back-to-back.”

There is no word on how this will affect Taylor’s participation in the Max Steel project that he is also attached to. Get the whole story on Variety.

Why German you may ask? Because in stunning display of marketing prowess known only to those connected to the film, Taylor Lautner and Taylor Swift (two of the hottest commodities in the entertainment industry today) appear nowhere in the currently available American version.

The video has been removed for copy write issues in some places.  We have found an alternate but we assume it will be down shortly.  Here is a link to the video that works as of 6 pm EST.  If you reach this post and the video is gone and want to know what happened as far as Taylor and Taylor are concerned, you can read below the cut. Alphie speaks a LITTLE German and sort of understood what was going on.

We did find that Cullens News has screen caps of the scenes.

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