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WENN
The 40-year-old actor, who played Michael Bluth on the cancelled Fox series, recently admitted that plans for the movie were still in the early stages.
He has now said that the project will be made on a small scale, while a script is more than "halfway" finished.
Bateman told IGN: "We hope that there is enough people out there who would want to see it that [Fox] Searchlight could get its money back from financing it."
He added: "[Series creator Mitchell Hurwitz] is halfway through writing the script now, and once he's done and if he's happy with it, we'll start to schedule it and then shoot it. And then be done.
"It will be a small film. It will be simple. We'll shoot it in probably six weeks. It will get a little release. It is not being done at big Fox, it is being done at Fox Searchlight. It's going to be a small effort."
It was reported earlier that Michael Cera will reprise his George-Michael Bluth character for the Arrested Development film.
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