Actor Zac Efron was spotted this week with 22-year-old Lily Collins at STK in Los Angeles where rumors have the couple holding hands as they entered the eatery.

An onlooker revealed to PEOPLE that the pair was spotted at STK and “they even walked in holding hands.”

The rumored couple showed up at the restaurant to celebrate the birthday for one of Zac’s friends and the source says:

“They had a drink at the bar together and then joined the birthday crew on the patio.”

Before Efron, 24, was spotted with Lily he was seen earlier in the night at a party at Hollywood hotspot Lexington Social House where he chatted it up with Disney star Miley Cyrus.

Zac Efron was recently linked to Rumer Willis, daughter of Demi Moore but he shot down that rumor this week during an interview with Extra for which he said:

“Me and Rumer have been friends for a long time. I know Demi is going through some personal stuff right now,” adding, ”I just wish her well. I hope she’s doing okay.”

The rumor mill continues to surround Efron and his possible new love interest in Lily Collins but for the time being Efron isn’t opening up about a potential relationship.

Do you think Zac Efron and Lily Collins make a cute couple?

Zac Efron Dating Lily Collins? Couple Spotted Holding Hands At STK is a post from: The Inquisitr

Disney properties Vanessa Hudgens and Zac Efron, two of the actors from the runaway hit High School Musical, have split after four years as a couple.

21-year-old Hudgens and 23-year-old Efron split amicably, sources told the media, saying that neither of the pair were interested in others, but that the relationship “ran its course.” Efron addressed the issue of fidelity in a recent interview with men’s magazine Details, saying that “playing the field” was not “in (his) heart”:

Efron also insisted that rumors about the romance – that it was purely for business and publicity, and a cover for the actor’s alleged homosexuality, etc. – are “f—king insane.”

“They want you to believe it, and they hope they’ll influence you to break up by making you seem insane for being in it,” he said. “And then you’ll play the field, and then they can write about you a sh-tload, make sh-t up, and speculate about everything. Right now they know exactly what’s going on and it’s not very interesting and there’s no money to be made on it. It’s exactly how it should be. It’s real.”

The couple had been dating since 2006.

‘High School Musical’ couple Vanessa Hudgens and Zac Efron break up is a post from: The Inquisitr

Will Ferrell’s Funny or Die is on a role lately with topical and often funny pisstakes, and their latest hits the mark well.

Breckin Meyer and High School Musical hunk Zac Efron star in a will played spoof of Perez Hilton’s infamous whinny “I was attacked” video.

Enjoy:

Win: Funny or Die spoofs Perez Hilton attack video is a post from: The Inquisitr

High School Musical sweethearts Zac Efron and Vanessa Hudgens are alleged to be taking their relationship to a new level, with a new report claiming the couple is engaged.

The National Enquirer claims that Zac proposed to Vanessa on a trip to Japan in January, and the pair are planning on a wedding next year.

“Zac hasn’t given Vanessa a ring yet. But he’s hoping the proposal will buy him some time with Vanessa’s super-strict mom, Gina, who didn’t approve of the sweethearts living together before they were married” claims a source.

“Vanessa’s mom has been putting serious heat on him to make an honest woman of her daughter. She is old-school and doesn’t approve of Vanessa living with Zac without some type of wedding promise.”

Spontaneous wedding proposal with no ring? Unlikely, but not impossible.

Vanessa Hudgens and Zac Efron Engaged? is a post from: The Inquisitr

High School Musical stars Zac Efron and Vanessa Hudgens looked great on the red carpet on the way in to the 2009 Academy Awards.

Efron and Hudgens will appear with Hugh Jackman, Beyonce and others during the ceremony this evening for a musical number.

Hudgens we’re told was wearing a Marchesa gown.

Here’s the Zac Efron & Vanessa Hudgens on the red carpet video, and if you’re reading this Sunday US time, be sure to watch the Academy Awards Live online.

Zac Efron and Vanessa Hudgens: Oscars Red Carpet 2009 is a post from: The Inquisitr

It’s the start of the annual awards season in Hollywood, with smaller awards leading up to the Academy Awards in February. Part of this process is the nomination of films in each category, and advertising across trade publications to support the nominations.

As usual there’s a wide variety of films being pushed, some you’d expect, and some that don’t stand a chance in hell (like Burn After Reading), but there’s one standout this year in the you’ve got to be joking category: High School Musical 3.

Disney has published the following image in trade magazines, and it’s also listed on their Studio Awards site here. But why stop at best picture? On the web site Disney adds to High School Musical 3 “For your consideration, all categories including Best Picture.” Some nominations from the list: Best Director Original Screen Play, Best Actor (Zac Efron), Best Actress (Vanessa Hudgens), Best Supporting Actor, Best Supporting Actress, and there’s even more.

I don’t need to express how little chance High School Musical 3 has of winning best picture, but credit to Disney, they’re game to even try.

(img credit)

Disney pushing High School Musical 3 for Best Picture Oscar is a post from: The Inquisitr

Isn’t young love grand. Zac Efron has bought girlfriend Vanessa Hudgens a $50,000 Louis Vuitton Steamer Trunk as a housewarming gift for her new $3 million home.

According to reports, Zac Efron purchased the Louis Vuitton steamer trunk for Hudgens because she “loves” the designer brand. “Vanessa loves Louis Vuitton, but she wouldn’t spend the money for it. To her, it is a piece of art,” says a source in Star Magazine.

Vintage Louis Vuitton Steamer Trunk’s are considered collectors items. Here’s an earlier model possibly similar to what Zac Effron purchased.

Zac Efron Buys Vanessa Hudgens a Louis Vuitton Steamer Trunk is a post from: The Inquisitr

The official trailer for 17 Again has been released. Video above.

Mathew Perry plays a family man whose life is turned to disarray when he finds that he’s mysteriously reverted back to the age of 17 (in the form of High School Musical’s Zac Efron) Knocked Up’s Leslie Mann co-stars and the movie was written by Jason Filardi.

The premise is a little lame, but the inclusion of Zac Efron is bound to bring out adoring teen fans when the 17 Again debuts in April 2009.

17 Again Trailer is a post from: The Inquisitr