Stephen Hopkins will direct the Focus Features drama, which stars Stephan James as the Olympic legend
A January 2016 release is set for film based on idea by David Goyer, which will be directed by Jason Zada
The original movie grossed nearly $100 million at the domestic box office
Focus Features is nearing a deal to acquire the high-profile project, which was packaged by CAA
News comes after $40M+ opening weekend for "Insidious: Chapter 2"
Tom Gormican's movie co-stars Michael B. Jordan and Miles Teller
The label's first two releases will be a romantic drama starring Ja Rule and a sequel to "The Ultimate Gift"
"Resident Evil" director Paul W.S. Anderson is directing
"If there was ever a time to do something potentially profitable and also fun, it felt like this was a good time."
AnnaSophia Robb stars as Bethany Hamilton, the teen surfer who lost her arm in a shark attack
"The Departed" producer taps distribution and marketing executives Peter Schlessel and Bob Berney to help run his new venture
Exec had abruptly exited company he founded, Apparition Films, on the brink of Cannes
Has been president of worldwide affairs at the studio
His GK Films will make a minimum of two films a year for studio to market, distribute worldwide.