News by: Mr. Marbles Posted: 08/23/05 [view screens] According to Variety, Universal and Fox have finally closed the deal on a Halo movie project. Tentatively scheduled for a 2007 release, the Hollywood Halo collaboration will more than likely out alongside Halo 3, the third installment of the FPS video game franchise, on the Xbox 360. Universal will manage production and domestic distribution while Fox handles foreign matters. The two studios will split revenues right down the middle.