Deadline is also reporting that Netflix is among the many places where Triple Frontier is looking for a new home.
Triple Frontier is a thriller that takes place on the notorious border zone with Paraguay, Argentina and Brazil.
The streaming service has been a major player in original TV programming since the beginning of the decade, but they started churning out original movies in 2015, starting with Beasts of No Nation.
Once the separation from Paramount has been finalized, production is aiming to begin later this year.