Variety reports that the Fox/Universal co-production "Halo" has been penciled in for a Summer 2007 release … and also that there just might be a third video game to tie in with the movie.
Screenwriter Alex Garland is hard at work on a few rewrites for his screenplay.
"Fox and Universal have closed their deal to make a movie based on Microsoft’s hit vidgame "Halo," with plans for a tentpole in two years. Studios will pay the tech giant $5 million against 10% of the gross. Universal will oversee the production and is handling domestic distribution, while Fox will take foreign distrib. Studios will split revenues 50/50 out of a shared pot."
No word yet on who’s present on the short list of directors, but here’s some news that should thrill all the "Halo" players out there: "Future vidgame iterations of "Halo," which has already generated more than $600 million in sales for its first two versions, are almost certain. If possible, Microsoft and U will synchronize a game and movie release to take advantage of cross-marketing."