New movie in pipeline possibly (though not related to this or next year's 3D Arabian Nights, according to the article) related to the Nights, bought by Universal, according to Variety.
This one is written and pitched by Kyle Ward. How does one write and pitch I wonder. Seems more lucrative than grading papers somehow, not as cool though, you have to admit.
Whole article here: http://www.variety.com/article/VR1118037163
excerpt: "Universal Pictures is in final negotiations to acquire "Arabian Knights," a property from Blacklight Transmedia and feature scribe Kyle Ward, who is attached to script based on his own pitch.
Story details are under wraps, though the property is described as being radically different from FilmDistrict's "Arabian Nights" pic, which has Liam Hemsworth attached.
Blacklight's Zak Kadison will produce with Brian Grazer and Erica Huggins of Imagine Entertainment, while Eric Lieb will exec produce. Jeff Kirschenbaum and Kiska Higgs will oversee the project for Universal.
Studio previously acquired Ward's spec script "Fiasco Heights," which is set up at Platinum Dunes. Ward also wrote "Kane and Lynch" for Lionsgate and "Hitman 2" for 20th Century Fox. He is currently penning vidgame adaptation "Devil May Cry" for Screen Gems."