Link to the 'Favourite Hitchcocks' thread, where rumours of this film first surfaced two-and-a-half years ago. It sounds like this one may be in development heck for a while still.

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Naomi Watts set for 'Birds' remake
Naomi Watts will star and Martin Campbell is in negotiations to direct Universal's new version of "The Birds."
U is planning a reimagining of Daphne Du Maurier's short story, which inspired the 1963 Alfred Hitchcock classic.
Michael Bay, Andrew Form and Brad Fuller will produce through their Platinum Dunes shingle, while Peter Guber and Cathy Schulman are producing for Mandalay Pictures.
U is not looking to rush the pic into production prior to a possible strike. . . .
Variety, October 18