Getting stalled for awhile as it failed to meet a 2006 release as planned, New Line Cinema's prehistoric shark tale "Meg" delightfully has landed a second chance to get developed. Variety has learned that the project may finally move forward this year with an aim to be filmed in spring for a summer 2008 release, at the earliest.
Based on the Steve Alten's book series, the picture originally was under Disney before its rights went to New Line in 2005. It initially was intended to be made for $75 million, but when the estimated budget came in much higher, mostly due to the f/x, the latter studio decided to put the movie on hold.
In response to the new plan, the flick's director Jan de Bont openly expressed his optimism, commenting that he has "no doubt Meg will swim." Meanwhile, Alten, on the other hand, has stated he won't begin the writing for "Meg 4: Hell's Aquarium" until the movie is greenlit. "I need the movie to generate publicity for that book," so he said.