X-Men 3: According to The Hollywood Reporter, 20th Century Fox and Marvel Studios are moving forward with the third installment of the X-Men franchise, hiring scribe Simon Kinberg to pen the script for X3 for a high-six-against-seven-figure sum.

The deal puts Kinberg back in business with the studio and Marvel. He penned two projects for Fox and Fox partner Regency Enterprises: the actioner Mr. and Mrs. Smith, starring Brad Pitt and Angelina Jolie, and a rewrite of the Jennifer Garner starrer Elektra, also a Marvel property.

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He also turned in a rewrite on another big-budget Fox/Marvel project, Fantastic Four, which is in production under the direction of Tim Story. Kinberg said the story line for X3 is still being hammered out. "I'm a religious reader of the ('X-Men') comics, and I loved the first two movies," Kinberg said.