Just last month Scott Derrickson’s remake of The Day The Earth Stood Still actually made the box-office stand still and grossed a mere $80 million. That’s fantastic bank for a small film about a quirky, pregnant teenager or an Indian teenager winning millions on a game show, but for a high profile sci-fi remake with big name stars it only barely covers the production costs.

Warner Brothers has picked up the rights to the Hyperion Cantos series of books by award winning author Dan Simmons. Producer Graham King has had the rights for some time, but the complex nature of the Hyperion series made it difficult to move forward.