I can’t think of a headline

New Line Sweeps ‘Shag’ Title Rumor Under Rug

The rumor that New Line Cinema had chosen “Licensed to Shag” as the new title for its third Austin Powers film whipped through movie fan Internet sites Wednesday like an Aston Martin on ice.

There was only problem: “It’s completely erroneous,” a studio spokeswoman said. “We don’t even like the title.”

New Line is still shopping for a new name for the summer release, she said. The Motion Picture Assn. of America hit the company with up to $15 million in penalties when James Bond franchise owner MGM protested New Line’s failure to register the previous “Austin Powers in Goldmember” title properly.