Shyamalan's next film - His first R-rated movie

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Hustler
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Mark Wahlberg and Zooey Deschanel were casted.
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MovieWes
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Shyamalan's Script is Happening at Fox

20th Century Fox has given the green light to M. Night Shyamalan's The Happening, a spec script thriller that Shyamalan wrote and will direct in Philadelphia this August. Variety says Fox is targeting a June, 2008 release for the film.

Shyamalan will produce with Sam Mercer. He also reunites with Munich producer Barry Mendel, who produced the Shyamalan-directed The Sixth Sense and Unbreakable.

The film, previously known as "The Green Effect," will mark Shyamalan's first R-rated effort, is a paranoid thriller about a family on the run from a natural crisis that presents a large-scale threat to humanity.

The movie is expected to carry a budget of around $57 million, and Shyamalan expects to cast a big male star for the lead.

Shyamalan will prepare and shoot The Happening as he continues to write the script for Avatar: The Last Airbender. Shyamalan will follow with that live action film for Paramount.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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