Gore Verbinski will be producing from a script by John Logan.
Verbinski was going to direct the film but he opted to go another way when the studio decided to shoot overseas and take advantage of tax credits and favorable exchange rates. He is also directing Paramount's animated film Rango.
Bioshock takes place in an underwater city based on the free market principles of Ayn Rand, but things have gone disastrously wrong. Players control a pilot who crash-lands at a secret entrance to the city, called Rapture, and is drawn into a power struggle during which he discovers that his will is not as free as he'd thought.