Neill Blomkamp came out and stated that the movie in its current form was dead and that we shouldnt look forward to a Halo Movie any time soon.
This was back in october 2007
Blomkamp had made the halo 3 promo short title - Landfall (have a look on youtube for it )
"Basically, they said that in order to move forward with the film, the filmmakers had to significantly reduce their deals. They waited until the last minute to have this conversation. Peter and Fran, after speaking with their producing partners and with Microsoft and Bungie, respectfully declined."
But recently MTV have pointed out Microsofts quietly added new job listings for the Jackson helmed, highly secretive Halo project:
A Peter Jackson-helmed Halo project was announced at X06 in Barcelona, said a Microsoft spokesperson. Since then, Microsoft Game Studios has been hard at work collaborating with Peter Jackson and Bungie on the development of that project. At this time, its necessary to grow the internal team to keep pace with development. Bungie will continue to remain involved in multiple aspects of the Halo Universe with MGS.
Latest news is jackson is in pre production with weta designing weapons and vehicles and script is being written
HALO: FALL OF REACH is a labor of love by Beattie in the hopes of finally getting the movie made.
The Premise of the script:
The script is, first and foremost, a character-driven story about a soldier named John who was kidnapped or conscripted by the UNSC when he was just six years old, and then brutally trained to become an elite Spartan warrior known as Master Chief 117.
The script then takes us through the horrific first contact with the Covenant hordes on the doomed colony world of Harvest, and then climaxes with the spectacular fall of the UNSC forward base on Reach, during which every other Spartan is slaughtered.
The script also gives detailed outlines for the second movie, HALO: RISE OF THE FLOOD, which takes place entirely on the Halo ringworld, and the third and final movie, HALO: BATTLE FOR EARTH, which roughly follows the events of Halo 3, the game.
One cool advantage of this first script is that (like the shark in JAWS) you dont even see the Covenant until halfway through the movie. And because all the creatures are CGI creations, this cuts the budget down dramatically and makes a first Halo movie that much more viable. For Halo fans, its like the prequel that provides all the answers to questions theyve thought about for years. For non Halo fans, its an exciting action movie that provides a clear, concise introduction to a world five hundred years in the future with relatable characters and a terrifying alien menace.
Look below for screenshots
Even if its not true the shots are nice
Screenshots taken from http://halo.moviechronicles.com/
Videos available from http://halo.moviechronicles.com/category/video/