That same source also reports that the title is now "Greenbriar" and that production in the Duke City is scheduled to kick off in mid-November and run through until early February. Given the format, a prequel wouldn't make a lot of sense (particularly when SPT could score another extended win like Better Call Saul with another spin-off) so it could be that we're looking at the possibility of the return of Bryan Cranston's Walter White and Aaron Paul's Jesse Pinkman.
"Greenbrier" is the title being floated around for a project incredibly light on details.
It's unclear whether the film, which is said to "follow the escape of a kidnapped man and his quest for freedom", will be released theatrically or if it's being made for television.
The Hollywood Reporter have, well, reported that the show's creator Vince Gilligan is beginning work on the project this month, with filming taking place in Albuquerque, New Mexico where the original series was shot.
The ambitious production requires 300 local crew members, 16 actors and approximately 450 background actors.
This is not a drill - Breaking Bad is going to be turned into a film.
The Emmy Award-winning series was set and filmed in Albuquerque for six years.
Breaking Bad had five seasons to chronicle the slow, maddening descent from suburban banality into criminal underworld for Walter White, a chemistry teacher diagnosed with lung cancer.
The series is a cultural juggernaut - 10 years after it aired its first episode. Better Call Saul executive producers Mark Johnson and Melissa Bernstein are rumored to be involved, too.