Jake Gyllenhaal has been crowned the Prince of Persia!

The 27-year-old actor and Gemma Arterton, who stars in the new James Bond film, will take the lead roles in the fantasy adventure, Prince of Persia: The Sands of Time, which starts production in July.

According to The Hollywood Reporter, “Gyllenhaal will play Dastan, a young prince in sixth century Persia who must join forces with Tamina (Arterton), a feisty and exotic princess, to prevent a villainous nobleman from possessing the Sands of Time, a gift from the gods that can reverse time and allow its possessor to rule the world.”

Last month, it was reported that Orlando Bloom would take on the role.

Cute couple Reese Witherspoon and Jake Gyllenhaal grab lunch together and leave in the same GMC Yukon Hybrid SUV in Los Angeles on Friday afternoon.

Earlier this month, MTV News spoke to Reese while she was filming November’s Four Christmases, her latest Christmas flick with Vince Vaughn.

“The movie is all about family,” Reese said. “It’s about the connection with your mother and your father, and those dynamics, so I really think people are going to relate to it. [But also,] it’s about divorce. It’s about how people have step-families and [need to] negotiate going to your mom’s and your dad’s. I really think people haven’t seen many movies like that.”

10+ pictures inside of Gyllenspoon’s lovers lunch… More Here! »

Jake Gyllenhaal arrives back in Los Angeles and makes his way out of LAX airport on Friday morning.

OK! Magazine’s latest issue reveals Jake’s proposal plans for girlfriend Reese Witherspoon.

And here’s the latest gossip from The Chicago Sun-Times regarding wedding bells for Gyllenspoon: “Reese Witherspoon’s team continue to firmly deny all those tales of an engagement with Jake Gyllenhaal, but a couple of the actress’ friends insist the Oscar winner and her main man have discussed marriage — and at some length. No ring shopping yet, but there’s strong buzz Gyllenhaal may officially pop the question by the end of the year.”

10+ pictures inside of Jake Gyllenhaal @ LAX… More Here! »

Jake Gyllenhaal is ready to ask for Reese Witherspoon’s hand in marriage, reports OK!

“They’ve been talking marriage for a while,” a source close to Reese says. “They’ll be formally engaged any day now. They want to spend the rest of their lives together.”

But Gyllenspoon won’t be moving in together and having kids before tying the knot.

“This is a very serious relationship,” Reese’s pal adds. “But Reese is very conservative and traditional. I’m sure she doesn’t want her kids to see her ‘living in sin.’”

DO YOU THINK Reese and Jake will get married before the end of the year?

Reese Witherspoon hold hands and shares a laugh with boyfriend Jake Gyllenhaal on the set of his new movie, Nailed, in Columbia, SC, on Friday.

Reese, 31, and Jake, 27, playfully teased each other as they strolled along. Gyllenspoon look cuter than ever!

Nailed is an original romantic comedy about a naïve small town waitress (Jessica Biel) who accidentally gets a nail buried in her head, causing erratic and outrageous behavior that leads her to Washington DC. There she falls for a dashing, but clueless, Congressman who searches for the courage to save her. More Here! »

Under a cap and behind sunglasses, Jake Gyllenhaal gives his best effort to dodge paparazzi while catching a departing flight out of LAX airport in Los Angeles on Monday.

USA Weekend recently interviewed Jake’s older sister Maggie about her upcoming movie, The Dark Knight. When asked if she remember the first comic books she ever read, Maggie says, “I didn’t read comic books. And my brother [Jake] read Mad Magazine, which wasn’t the same. I’m not really a major comic book reader. [Laughs.]”

More Here! »

Jake Gyllenhaal and his personal umbrella holder head to the set of his new movie, Nailed, in Columbia, South Carolina on Wednesday.

According to IMDB, Nailed is an original romantic comedy about a naïve small town waitress (Jessica Biel) who accidentally gets a nail buried in her head, causing erratic and outrageous behavior that leads her to Washington DC. There she falls for a dashing, but clueless, Congressman who searches for the courage to save her. James Marsden also stars.

Reese Witherspoon makes a morning trip to the W Hotel while beau Jake Gyllenhaal pays for his parking after leaving a Medical Center in Beverly Hills on Tuesday.

Peep the little birdies on Jake’s shirt!

Reese later grabbed lunch at Le Pain Quotidien Bakery in Beverly Hills. GYLLENSPOON 4EVA!!!

10+ pictures inside of Reese Witherspoon and Jake Gyllenhaal running their morning errands… More Here! »