i09 are reporting an interview with producer Producer Frank Marshall that suggests we may well see a new version of 80s kids classic The Neverending Story in the not-especially-near future.
The phrase that makes us particularly optimistic is "we love the book". Although the rights are still tied up, it seems that Marshall has in mind a more faithful adaptation of Michael Endes' novel than Wolfgang Petersen's original, which only covered half the book. Structurally, the novel does actually lend itself to adapting as more than one movie, but the original sequels went their own way.
The original also dropped some major characters, presumably largely due to FX restrictions that would be easily surmountable today.
So it's some way off, and may never happen at all, but it's an intriguing prospect nonetheless. Although if it doesn't feature the Limahl song, we're not interested.*
Marshall also stated that Jurassic Park 4 is now unlikely. Which is probably just as well.
*Not really true.