According to HitFix.com, Singer was developing a follow-up television series based on the popular '70s sci-fi show with producer Tom DeSanto (Transformers) that was close to shooting in 2001, when it fell apart. Since then, Ron Moore successfully relaunched the series to create a show with a vocal cult audience that ran from 2004 to 2009 with plans for a spin-off show called "Caprica." The show's popularity apparently prompted Universal to reexamine the possibilities of a movie and they signed Glen Larson to write a script for a movie that had no ties to Moore's show.
Larson is still involved with the new movie as writer and co-producer. You can read more at Variety here.

