Movies
Rex Features
The studio's early hopes centre on a futuristic outer space telling of the story with George Miller directing, Variety reports.
The Greek poet's other Trojan epic The Iliad was the basis for the 2004 film Troy, which was directed by Wolfgang Petersen and saw Pitt taking on the role of Achilles.
The Odyssey follows on from The Iliad and tells of Odysseus's exploits on his ten-year journey home from war to his wife Penelope and son Telemachus.
Pitt is currently in Germany filming Quentin Tarantino's film Inglourious Basterds, which recently underwent a name change.
Movie Reviews
'Extremely Loud & Incredibly Close' reviewTom Hanks features in a long and winding journey through New York after 9/11
At the Movies
David Lynch: 10 reasons to worship himIt's time to celebrate director David Lynch as the BFI screens a season of his films.
Movies Interviews
Max von Sydow 'Extremely Loud' interviewActing legend Max von Sydow on Extremely Loud & Incredibly Close, The Exorcist and Flash Gordon.
Box Office Charts
'The Woman in Black' wins UK box officeThe Woman in Black beats The Muppets and Star Wars at the the UK box office.
