According to Examiner.com, Bryan Singer is reportedly working with Glen Larson, producer of the original 1970’s Battlestar Galactica series and film rights holder, on the proposed film:
Now that pre-production has started, any rumors that Singer’s next project was going to be “X” related (as in X-Men) has been put to rest, along with any shot he had of helming another Superman flick. There’s been no word if Moore will be involved in the re-reboot, yet given the rumored “rocky” relationship between Larson and Moore, it seems unlikely.
Examiner.com has pegged Summer 2012 as a possible release date for the film.
via SCI FI Wire