INKSPELL ANNOUNCED
http://movies.nytimes.com/movie/449002/Inkspell/details
shareI got to know about from the same source.
http://movies.nytimes.com/movie/449002/Inkspell/overview
But strange, there's nothing in IMDB. However i would like to have Eliza Bennett reprised her role as Meggie. Off-course Brendan Fraser would be always brilliant.
According to the copyright, it looks like InkSpell has been in development since 2010. But I don't know if that is really accurate or not.
Source was New York Times.