Here is some excerpts from the official press release.
LOS ANGELES, CA, AUGUST 18, 2011—Three-time Oscar-nominated director Ridley Scott is set to helm a follow up to his own ground-breaking 1982 science fiction classic “Blade Runner” for Warner Bros-based financing and production company Alcon Entertainment.
Alcon co-founders and co-Chief Executive Officers Broderick Johnson and Andrew Kosove will produce with Bud Yorkin and Cynthia Sikes Yorkin, along with Ridley Scott. Frank Giustra and Tim Gamble, CEO’s of Thunderbird Films, will serve as executive producers.
The filmmakers have not yet revealed whether the theatrical project will be a prequel or sequel to the renowned original.
State Kosove and Johnson: “It would be a gross understatement to say that we are elated Ridley Scott will shepherd this iconic story into a new, exciting direction. We are huge fans of Ridley’s and of the original ‘Blade Runner.’ This is once in a lifetime project for us.”