A number of media outlets are reporting that High School Muscial star Zac Efron is slated to take the role of Spider Man in the upcoming Spider Man 4. According to the article, Efron would receive a £9 million pay check for the role.

After the former-Peter Parker, Tobery Maguire confirmed he will not reprise his role in the upcoming film, scheduled to make its way to theaters in 2012.A studio insider squealed, “after dumping Spidey, Tobey then came to the rescue by recommending that Zac should take over his role.”

It is also being rumoured that Efron's real-life girlfriend and High School Musical co-star Vanessa Hudgens is on the top of the list for the role of Mary Jane, Peter Parker's love interest.