Finally! I know there's a ton of you waiting patiently for release dates on Street Fighter and Alvin and the Chipmunks II -- and after spending all night making phone calls, while watching the wire, Cinematical can confirm that the new live-action Street Fighter flick will debut on February 27, 2009. But that's not all! (I know, it was a busy night at headquarters; the boss had us all working double shifts.) 20th Century Fox has also scheduled Alvin and the Chipmunks II for release on March 19, 2010. There's no script yet, and Jason Lee is not signed on to star, but the first one took in a ridiculous $358.4 million worldwide -- so, I mean, they could have these little guys talking Yiddish for a couple hours in part two and the thing would still make over $100 million.

Other announcements in Release Date Land include Madagascar: Escape 2 Africa going day-and-date on November 7, and Universal has taken Wild Child off its calendar. That film, starring Emma Roberts as a rebellious Malibu teenager who gets shipped off to a British boarding school and learns that afternoon tea is the answer to all of life's problems, was originally scheduled for August 22. No word on why it was yanked, but I'm sure you folks could come up with several positive reasons. To make up for the removal, however, Universal has moved Paul W.S. Anderson's Death Race up from September 26 to August 22. Good thing, too, because I like my death races at the end of summer and not at the beginning of fall.

[via Variety and Box Office Mojo]