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UPDATED: Confirmed! It’s A Boy For Penelope Cruz & Javier Bardem

It’s official — Penelope Cruz & Javier Bardem are proud parents!

After much speculation, a rep for Penelope confirmed the news to Access Hollywood on Wednesday.

“Penelope and Javier welcomed their first son into their family last week,” the rep told Access in a statement. “Both parents and baby are doing great.”

Javier Bardem ‘Very Happy’ About Wife Penelope Cruz’s Pregnancy

Academy Award-winning couple Javier Bardem and Penelope Cruz have teamed up for another collaboration – a baby. And daddy couldn’t be happier.

“It is true,” Javier confirmed to reporters at a press conference in Rome promoting his summer hit “Eat Pray Love.” “I am very happy.”

Penelope Cruz Is Pregnant

A Spanish agency that represents Penelope Cruz says the Oscar-winning Spanish actress is pregnant.

The Madrid-based agency Kuranda says in a statement that 36-year-old Cruz is four-and-a-half months pregnant.

Penelope Cruz! A First Look In Full Costume On ‘Pirates’ Set!

It seems like Captain Jack Sparrow (Johnny Depp) will no longer be single in the new “Pirates” sequel – “Pirates of the Caribbean: On Stranger Tides.”

“Pirates” newcomer, Penelope Cruz, was spotted hand-in-hand with Johnny in Hawaii on the set of “On Stranger Tides” on Monday, dressed as a sexy swashbuckler in full pirate gear complete with a mean-looking cutlass.

Sister Expects Javier Bardem & Penelope Cruz To Have Children

Javier Bardem’s sister expects her brother and his new bride, Penelope Cruz, to have children.

Penelope Cruz & Javier Bardem Are Married

It’s a match made in Oscar heaven: Penelope Cruz and Javier Bardem have gotten married.

Cruz’s representative Amanda Silverman confirms the couple were married in the beginning of July at a friend’s house in the Bahamas.

Style Star: Penelope Cruz

Penelope Cruz’s classic style, mixed with a European flair, won this Spanish beauty Access Hollywood’s honors as our latest Style Star.

When Penelope first came on the scene in 1994, her dramatic dark bangs and striking features drew comparisons to American fashion icon Audrey Hepburn.

Penelope Cruz In Talks For Fourth ‘Pirates Of The Caribbean’ Film

Keira Knightley may have walked the “Pirates” plank, but Penelope Cruz may be the latest wench ready to set sail to the “Caribbean” with Johnny Depp.

Cruz is reportedly in talks to join Depp in the upcoming “Pirates of the Caribbean: On Stranger Tides,” the fourth film in the popular Disney franchise, according to The Hollywood Reporter.

Kate Hudson, Nicole Kidman & Penelope Cruz Celebrate ‘Nine’ Premiere In London

Nicole Kidman, Penelope Cruz and Daniel Day-Lewis have appeared in London at the world premiere of the Hollywood movie “Nine.”

The musical, inspired by Federico Fellini’s classic film 8 1/2, also stars Kate Hudson, Judi Dench, Sophia Loren, Marion Cotillard and singer Fergie.

Penelope Cruz On Kissing Meryl Streep: ‘She Must Think I’m Some Crazy Person’

Penelope Cruz likes to show Meryl Streep love.

“We only know each other from seeing each other at awards ceremonies or those kinds of events, but whenever I see her, I always go up to her and start kissing her,” Penelope said in the December/January issue of Interview Magazine. “I don’t even say anything – I just kiss her. She must think I’m some crazy person.”

Penelope Cruz On Her ‘Nine’ Singing: ‘I Own A Karaoke Machine!’

Penelope Cruz had some preparation for her song-and-dance numbers in “Nine” – a karaoke machine.

“I own a karaoke machine! I like doing it when I’m alone because I get shy, singing, which is more pathetic to do karaoke by yourself,” Penelope told Access Hollywood’s Maria Menounos at the junket for the upcoming film, due on Christmas Day. “You can really stand up and get on top of the sofa and perform the number. I’ve been caught a few times.”

Penelope Cruz Joins ‘Sex And The City 2’ In Cameo Role

“Sex and The City 2” is about to get a lot sexier.

Penelope Cruz has reportedly filmed an appearance in the sequel to the 2008 box office hit, according to OK! Magazine.