Magnificent MEG movie to be released July 2006

Steve Alten’s bestselling novel, "Meg" has been picked up by New Line Cinema. Larry Gordon and his partner Lloyd Levin are producing, along with Guillermo Del Toro, de Bont, Alten’s managers Ken Atchity and Chi-Li Wong and Nick Nunziata.

The novel concerns an 80-foot-long ancestor of the great white shark, technically known as carcharodon megalodon but dubbed "Meg," that is found by a modern adventurer.

Casting will start once the rewrite by Shane Salerno is complete. For more information please visit Steve Alten and Variety.

Jan De Bont is attached to direct the feature; the budget is estimated to be $75 million with an expected release date falling in the summer of 2006.