Jeremy Renner will star in the movie, which Justin Lin will direct.
Robert Redford once tried to adapt Jack Finney's classic illustrated novel
Universal Pictures made the move to avoid overlapping with the expected blockbuster opening of "The Dark Knight Rises"
Universal chose the Academy Award winner for the lead role in the spinoff movie
With his latest "Adjustment Bureau" looking at an unspectacular opening, the A-lister struggles for leading-man success beyond his signature franchise
Actor had said he would only participate if Greengrass directed.