Rumors that Steven Spielberg is in negotiations to develop the proposed Halo movie have begun to circulate after a report appeared on IESB, apparently the Indiana Jones producer expressed interest in the project after reading a script from screenwriter Stuart Beattie.

“Spielberg is blown away by writer Stuart Beattie’s take on the game in his script entitled Halo: The Fall Of Reach,” read the report.

“This coupled with the fact that his Dreamworks umbrella is looking for a big tent pole to help launch their newly independent studio with distribution over at Walt Disney Pictures after losing Transformers to Paramount in the separation, it’s the perfect combination.”

Peter Jackson was originally attached to helm a movie based on the franchise, but the project collapsed because of “internal politics” at film studios Fox and Universal.

Two new games in the first-person shooter franchise are currently in development. Halo 3: ODST will retail on September 22, while Halo: Reach is scheduled for next autumn.