I thoroughly enjoyed "Chronicle" so I was very happy to find out that the director, Josh Trank, is developing to direct "The Red Star" for Warner Bros. according to Deadline. This one's an adaptation of a graphic novel with a healthy set of 4 volumes! The script will be written by Jason Rothenberg and the film will be produced by Neal Moritz. Since "Chronicle" surprised everyone, Trank has been in-demand including talks to reboot "Fantastic Four" for Fox and the "Spider-Man" spinoff, "Venom," for Sony.

So what is "Red Star" all about? According to its Wiki page:

The Red Star is a comic book series by Christian Gossett set in a sci-fi/fantasy world described by Gossett as "Mythic [Soviet] Russia". The "Lands of The Red Star" were inspired by both Russian folklore and military history. The series is thus heavily reminiscent of a post-World War II Soviet Russia mixing technology and sorcery.