The Wachowskis's upcoming Cloud Atlas sounds like one of the biggest and most ambitious movies to be taken on by a major studio. It's based on a novel by David Mitchell, and will be directed by both the Wachowskis and Tom Tykwer. In case you haven't read what it's about, here it is - and try to imagine what this is going to be like onscreen:
"Mitchell's 2004 novel follows six storylines that include a 19th century American notary, a poor British musician in the 1930s, a journalist in 1970s California, a vanity press publisher in the early 21st century, a rebellious clone in the near future and a primitive Hawaiian tribesman surviving after the apocalypse. Each actor in the film will be playing multiple roles."

This is either going to be amazing or terrible. Or, you know, somewhere in between. Anyway, Hugo Weaving has signed on, which is continuing his relationship with the Wachowskis through the Matrix trilogy and V for Vendetta. He's joining Tom Hanks, along with Halle Berry and Ben Whishaw. So be sure to keep them in your thoughts - they definitely have their work cut out for them. (The Hollywood Reporter)