Jeremy Piven is Spy Kids 4: All the Time in the World villain

The Weinstein Company issued a press release today announcing the arrival of Spy Kids 4: All the Time in the World. Furthermore, a villain has been cast, and BSC is pretty pleased with the decision of Jeremy Piven in the role of the Timekeeper. Returning to the series are regulars Antonio Banderas, Danny Trejo, Alexa Vega, and Daryl Sabara, who will be joined by Joel McHale and Jessica Alba.

Intended as a sequel and a reboot, Rodriguez has said this will be the Casino Royale of the series, according to Slashfilm. Delayed by Rodriguez’s recent efforts Predators and Machete, Spy Kids 4 is now a go for the director-producer, who birthed the Spy Kids franchise close to ten years ago. Now he’s returning to the his blockbuster effort with a story that incorporates a bit of the old with a bit of the new. The film is currently shooting in Austin, Texas, and is slated for an Aug. 19, 2011 release. It will be presented in 3D. Press release below:

On the surface, Marissa Cortez Wilson (Jessica Alba) has it all…married to a famous spy hunting television reporter, a new baby and intelligent twin step kids. But in reality, trying to mother Rebecca (Rowan Blanchard) and Cecil (Mason Cook), who clearly don’t want her around, is her toughest challenge yet. Also, her husband, Wilbur (Joel McHale), wouldn’t know a spy if he lived with one which is exactly the case – Marissa’s a retired secret agent.

Marissa’s world is turned upside down when the maniacal Timekeeper (Jeremy Piven) threatens to take over the planet and she’s called back into action by the head of OSS, home of the greatest spies and where the now-defunct Spy Kids division was created. With Armageddon quickly approaching, Rebecca and Cecil are thrust into action when they learn their boring stepmom was once a top agent and now the world’s most competitive ten year olds are forced to put their bickering aside and rely on their wits. With a little help from a couple of very familiar Spy Kids, Carmen (Alexa Vega) and Juni Cortez (Daryl Sabara), and some mind-blowing gadgets, they just may be able to save the world and possibly bring their family together while they’re at it.