UPDATE: From IMDb.com and Paramount pictures, it is official:

     Paramount on Tuesday confirmed that it will release the next Indiana Jones installment on Thursday, May 22, 2008. The studio also said that it plans a simultaneous worldwide release of the as-yet-untitled film, which will be produced by Lucasfilm Ltd., directed by Steven Spielberg, and star Harrison Ford. Frank Marshall will receive the top producer’s credit, while George Lucas and Kathleen Kennedy will serve as executive producers. The screenplay was written by David Koepp. The studio had previously announced that production will begin in June.

     …END UPDATE

     According to the numbers website, Box Office Mojo, Indiana Jones 4 has a scheduled release date of May 22, 2008. This can’t be correct. For a majorly huge project like this that hasn’t even started shooting yet, much less secured the actors yet, how can this be finished and ready to open in 15 months? But then again, what do I know?

     I’m kind of with other movie dudes out there who think this is total Bollocks. Spielberg and Lucas have claimed they have a script, then they don’t. Then they do, then they don’t. Ford himself threatened to pull out just the other day. Rumor of Connery being in or out has floated around and general chaos has surrounded this whole project for the last 4 years. So take this news with a grain of salt.

Thanks to Cinecast co-host, Kurt, for the heads-up.