Universal is carrying full steam ahead with the revival of their monster universe.
The publication further reports that Ryan Gosling will star in the movie and that a director is still being scouted.
The remake was written by Orange Is the New Black writers Lauren Schuker Blum and Rebecca Angelo, reports Deadline.
The 2010 film was a remake of the 1941 movie starring Benicio del Toro, Anthony Hopkins, Emily Blunt and Hugo Weaving.
The film follows Lawrence Talbot, an American actor who is cursed after a werewolf bites him.