UPDATE 2: Variety adds that Cameron will only produce Fantastic Voyage, a remake of the 1966 sci-fi film, for 20th Century Fox and is looking for a director. The trade adds that Cameron would employ the same 3D and digital technology that was used for Avatar.
UPDATE 1: MTV has learned that the project in question is Fantastic Voyage.
Production Weekly twittered an interesting tweet saying, “James Cameron is developing a Shane Salerno-scripted sci-fi action script for Fox, described as an ‘event’ film set in the future.”
That sounds like Doomsday Protocol, which was announced over a year ago. We would assume the Cameron will just be producing.
When it was announced, the project was described as “an epic sci-fi adventure in the vein of ‘The Seven Samurai’ involving a group of aliens and humans with various abilities who are brought together to save Earth.”