It's completely fucking dead, in fact. Between 2007 and 2009, it worked like this: 1) write a spec script. 2) pay a company like Top Cow to make it. 3) Give Top Cow's work product back to William Morris (CAA had their own department; endeavor didn't) 4) William morris shows it around and some studio somewhere options it 5) William Morris makes 10% of the option money, their writers go on to get meetings and maybe a few other assignments, the project gets shelved where it's never seen again, everyone makes money and nobody has to make a movie. Ari Emmanuel wasn't into it so when Endeavor took over WMA that whole thing stopped. Put it this way: James Cameron made Avatar because it was easier to get greenlit than Battle Angel Alita. Read that again: The guy who brought you movie cyborgs and* titanic can't get money for a movie about a cyborg chick.* Probably because Dark Angel didn't accomplish much other than launching Jessica Alba on us.