G.I. Joe Movie Still Happening?

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A Variety article talking about Hasbro signing with a new agency mentions the following:

In one of William Morris’ initial moves with regard to the new relationship, it reupped Hasbro’s deal with Paramount Pictures to turn “G.I. Joe” into a live-action feature with Lorenzo di Bonaventura to produce. An initial pact had expired.

Visit the link above for more on the deal.