Paramount Pictures has acquired Almanac for Michael Bay to produce under his Platinum Dunes company. Bradley Fuller and Andrew Form will also serve as producers.

Dean Israelite will make his feature directorial debut, working from a screenplay by first-time writers Andrew Stark and Jason Pagan. The writers have been developing their spec screenplay for over a year with Platinum Dunes. No story details were given, except that it will be a found footage project. It is said that Paramount plans on moving quickly to get this into production.

The director is a cousin of Ninja Turtles director Jonathan Liebesman. He is also a graduate of the American Film Institute, and has won several Student Academy Awards for his short films.

No production schedule was released at this time.