User blog comment:Gardimuer/Irrational Interviews Guillermo del Toro and other news/@comment-3503432-20111107222527/@comment-2250991-20111115212712

Speaking of shelved, Levine gave an update about the film:

“We got very close to having it get made – we had a deal in place and a director. But for us there’s no burning [desire] to have a movie made just to get it made. For us and for Take-Two, it’s really got to be something that will a) give the fans something that they want, and b) for those who don’t know BioShock, really introduce them to something that is consistent with the game, and is it going to be a good representation of the game.”

“There are differences between games and movies, no doubt, but the movie has to draw from the same DNA in terms of the world and the story beats. But you know, we don’t have a need to get it made.”

http://gamerant.com/kevin-levine-bioshock-movie-adaptation-benk-116474/