The Hollywood Reporter
http://www.hollywoodreporter.com/heat-vision/good-universe-picks-up-sci-629956
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As per The Hollywood Reporter, Good Universe just acquired his sci-fi script Extinction, which has been compared to films like The Sixth Sense and Cloverfield. Plot details are still under wraps, with the film being described as a contained sci-fi thriller.
David Hoberman and Todd Lieberman of Mandeville are producing.
More as we learn it.