Jones says the movie will be in production for the next six months, with an international release to follow.
Gramm and Jones met again on stage last summer for the first time in a decade.
Hagar and '5150' producer Mick Jones recently wrote a few songs together.
"I don’t know where it came from. I consider it a gift that was sent through me. I think there was something bigger than me behind it. I’d say it was probably written entirely by a higher force."
Mick Jones is best know for his many years as the guitarist and songwriter in Foreigner, but he's also a notable producer who has twirled the knobs for both Billy Joel and Van Halen. He produced the latter's pivotal '5150' album, their first effort after replacing original lead singer David Lee Roth with Sammy Hagar.
Foreigner's lone remaining founding member and guitarist Mick Jones has been at the helm of the legendary American rock group for 35 years and if you've seen the band lately, it seems like they're just getting started. Jones put together a turbo-charged version of the group six years ago, injecting new vocal blood into