"I had a fantastic time bringing 'Pirates' to life, and I am eternally grateful to Jerry, Johnny and the rest of the creative and production team," said Verbinski in a statement. "I'm looking forward to all of us crossing paths again in the future."
According to a trade article carried by Latino Review, Universal Pictures' BioShock movie is on target to begin production in 2010.
John Logan (The Aviator, Star Trek: Nemesis) is set to pen the screenplay for BioShock, while Verbinski will likely direct. BioShock creator Ken Levine is apparently being "regularly consulted" during pre-production.