Kevin Bacon and Kyra Sedgwick are one of those endearing couples that have stood the test of time - unfortunately, New York magazine is reporting that the couple were victims of Bernie Madoff’s $50 billion Ponzi scheme.

Their rep confirms that Kevin Bacon and Kyra Sedgwick have lost money, but how much is yet to be known. Rumors abound that Bacon and Sedgwick have lost everything except their checking accounts and the property they own.

Footloose is making a comeback - and this go around, Zac Efron is on board to play the role that put Kevin Bacon on the map.

Zac Efron will be played a hefty amount for Footloose - Paramount Pictures has offered the High School Musical hottie a “mid-seven-figure salary” and script approval to get this project up and running. Read the rest of this entry »

Awesome. The cast of Footloose had a reunion on the September 12 Today show. Check out the video clip with the cast of Footloose reunited - John Lithgow, Lori Singer, Kevin Bacon.