Yea,
The first film is DEVIL.
It will be directed by brothers John Erick Dowdle and Drew Dowdle (Quarantine)
The screenplay will be written by Brian Nelson (Hard Candy, 30 Days of Night)
Producers will be M. Night Shyamalan and Sam Mercer, with the Dowdle Bros acting as Executive Producers.
It is set to being production sometime this year.