Katie Holmes ‘Playing With Fire’ by Getting Cozy With Ex Joshua Jackson While Filming New Project

Dawson’s Creek costars Katie Holmes and Joshua Jackson have rekindled their romance — on screen and in real life.

The two, who played a couple on the hit ’90s teen drama, also had a real-life love affair. Now, Joshua, 47, is starring in Happy Hours, a movie trilogy Katie is directing and starring in about childhood sweethearts who reconnect.

The two are getting cozy off camera too, and insiders confide Katie, 47, is not bothered by Josh’s ongoing dalliances with other women — she even says no-strings-attached fun suits her just fine. “Katie says spending time with Josh makes her feel alive again and she doesn’t want to shut that down just because she can’t possess him,” a source says.

Although her friends are worried she’ll get hurt — and the Alone Together creator admits she’s not immune to getting jealous — she says it’s worth pushing herself out of her comfort zone, that’s how happy he makes her.

“Josh has always been upfront about what he is doing. He’s told her he’s not ready to be committed so it’s not like he’s sneaking around,” says the insider. “Katie says she can respect that. Fact is, she’s not had any romance in her life in a long time.”

According to our insider, the former Mrs. Tom Cruise claims what she has with Josh is so fun, it’s worth the risk of heartbreak. “She insists she’s strong enough to handle whatever happens, but that hasn’t stopped her friends from worrying — it’s obvious she’s playing with fire.”