Ryan will also serve as executive producer on the project, which does not yet have a director. The script is being penned by Wall Street 2: Money Never Sleeps writer Allan Loeb.

The “Ironic” hitmaker is planning to blow the lid off her nearly five year relationship with former boyfriend Ryan Reynolds on the pages of an upcoming tell-all — much to the chagrin of ScarJo, 24, who married 32-year-old Ryan in a private ceremony in Canada last September. Alanis’ book plans could spell trouble for the very discreet Scarlett, who enjoys keeping the intimate details of her personal life off the gossip pages. She couldn’t be more disturbed by Alanis’ plans to tell-all, sources tell The National Enquirer.

Alanis and Ryan began dating in 2002. They dated for two years before becoming engaged. The couple split in 2007, leaving Alanis griefstricken, according to pals.

“Ryan was important part of Alanis’ life, and she plans to dedicate an entire chapter to her relationship with him, how devastated she was by their breakup, and how she felt when he married Scarlett,” an Enquirer spy tattles.

“Ryan will be cool with the book — he’s not especially secretive guy. Scarlett is private, and likes to think that Ryan is hers and hers alone. But there’s nothing she can do about it. Alanis is set on writing her autobiography no matter how Scarlett might feel.”

Alanis was reportedly inspired to pen her lifestory after the recent death of pop icon Michael Jackson.

“She sees how much conflicting information there is about Michael, and she doesn’t want that happen to her,” a friend explains. “She wants to lay her life out for everyone to see — even if it angers Scarlett.”

Alanis has reached an agreement with publishing giant HarperCollins, and will begin working on her memoir with a ghostwriter later this year.

Ry is reportedly desperate for the 24-year-old actress to give up the filthy habit, and has asked the star to do it as a present for him as they celebrate being married for a year this September.

A source reveals: “Scarlett has sworn to her shining knight she’ll kick nicotine to prove she’s the world’s happiest wife. Now she’s researching hypnosis therapy.”

Ryan Reynolds has beat out actors Bradley Cooper and Jared Leto — and even pop star Justin Timberlake –for the lead role of Green Lantern in DC Comics’ upcoming superhero action flick, a rep for the actor has confirmed to The Hollywood Reporter.

Ryan recently starred as Deadpool in Marvel Comics’ X-Men Origins: Wolverine –a spin-off film for his character is expected to begin production soon.

Ryan Reynolds thinks people who enjoy being considered sex symbols should be “euthanized.”

The 32-year-old star — who married actress Scarlett Johansson last year — hates his image as a hunk because it makes him seem like a “complete asshole.”

“If you take any of that sex symbol stuff seriously, you need to be euthanized – ASAP! There are moments when you can use that to your advantage,” the Wolverine star remarks in this week’s special Double Issue of Entertainment Weekly.

“But it’s really embarrassing. I think I fear more than anything just sounding like a complete asshole when I have to answer that question.”

ScarJo’s hubby is featured on the cover of the June 25-July 3 double issue of EW and also appears as screen heroes James Bond and Rambo.

What’s on Ryan’s “Must List?”

Ryan O’Neal is opening up about his longtime companion Farrah Fawcett’s battle with cancer in a new interview airing on The TODAY Show this week.

In an interview with Meredith Vieira that is set to air on The TODAY Show on Wednesday, May 13 and Thursday, May 14, Ryan says of the courageous actress: “She’s the rock. She taught us all how to cope. She’s extraordinary. I don’t know what I’ll do without her, to tell you the truth.”

“I don’t think I can now. I know this, that in the last two years I loved her more than I’ve ever loved her — ever. She’s so much more of a woman and powerful, courageous, fearless and all those adjectives. And I look at her with awe.”

Ryan tells Meredith that he and Redmond, his son with the 62-year-old former Charlie’s Angels star, realized that her battle with cancer was taking its toll during a walk on the beach: “The first time I ever noticed, I walked with her and Redmond on the beach one day. We used to take that walk all the time to the rocks and back. And halfway there she stopped and said: Can we go back? And Red and I looked at each other and we knew that… See she could fool you because she always looked good. She looked really good. And he used to say to me: She’ll be all right. Look how nice she looks.”

NBC will air a documentary on Farrah’s battle with aggressive anal cancer, Farrah’s Story, this Friday night.

(I don’t think I’ll be watching…I loved Farrah Fawcett in The Burning Bed, this documentary is just going to give me a serious case of the sad faces :( Keep Farrah in your prayers.)

Ryan Reynolds is set to star in his very own X-Men spinoff, Deadpool.

The move by bosses at Twentieth Century Fox comes after Ryan won rave reviews for his performance as Wade Wilson/Deadpool in the box office blockbuster, X-Men Origins: Wolverine, which is currently the No. 1 movie in America.

“I think he’s the most interesting, unusual, comic book character ever invented,” Ryan said of Deadpool earlier this year. “He’s a guy that knows he’s in a comic book, which I think is hilarious. So he’s incredibly acerbic and has a real dark wit to him and I love that.”

Read All About The New Movie @ Variety.com