Hollywood bosses are already working on a sequel to star-studded new movie 'Valentine's Day' releasing Friday.

The romantic comedy, which boasts a stellar line-up including Julia Roberts, Ashton Kutcher, Anne Hathaway, Patrick Dempsey and Jennifer Garner, is set to hit cinemas Friday just in time for the occasion Feb 14. Its producers are contemplating a follow up to the same which will be based on New Year's Eve and titled the same, reports fashion.ie.

Producers are also sure of the success of the first outing and are already plotting the next movie to feature some of the same characters in New York City on Dec 31.

Director Garry Marshall is expected to return to helm 'New Year's Eve', which is slated for release in late 2011.