Imax and Warner Bros are jointly producing Denizens Of The Deep (working title), to be directed and filmed by Howard Hall.
A follow-up to 1991's Into The Deep, Imax's first 3D underwater film, the new film will provide a giant-sized view of exotic undersea creatures.
Produced by Toni Myers, executive produced by Graeme Ferguson and Brad Ball, and co-produced by Michelle Hall, the production is slated for September 18 in the Sea of Cortez with a release date targeted for 2006.
Denizens marks the second original 3D film and the sixth Warner Imax title in the past 18 months. Warner's NASCAR 3D: The IMAX Experience has grossed more than $18 million. Into The Deep has earned over $70m since its release.