It appears that Atlas Entertainment has taken the reins on the project and is gearing up a pretty impressive pitch. Apparently, they've hired the currently hot screenwriting tag-team of Thomas Donnelly and Joshua Oppenheimer. The names may not sound familiar to you, but they might soon. The duo wrote the upcoming CONAN flick, and are currently scribing the DR. STRANGE and UNCHARTED: DRAKE'S FORTUNE adaptations.
Now for that whole "Christmas morning" part. The highlight of the pitch comes in the form of a handful of wicked (and carnage-heavy) concept art. Looks like they're definitely not prepping a Saturday morning cartoon for the kiddies.