Update: Here's the story by Variety's Dave McNary.

LONGTIME COLUMBIA PICTURES CHIEFS MATT TOLMACH AND DOUG BELGRAD TRANSITION INTO NEW ROLES

Tolmach Launches New Production Company and Joins Spider-Man Team As Belgrad Promoted to Sole President of Columbia Pictures

BY ERIN MAXWELL

The Joker must be having a field day.

Earlier today, Batman and few of his masked cronies were arrested as part of a sweep of costumed characters that stand for pictures on Hollywood Blvd.

Recently, the LAPD are cracking down on the costumed characters that loiter in front of Grauman’s Chinese Theater posing for pictures with tourists and kooky locals.