Hey, I just saw this:
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Producer Graham King has set up Dan Simmons' award-winning science fiction book series "Hyperion Cantos" at Warner Bros., with Trevor Sands on board to adapt the first two books as one feature. King is producing via his GK Films banner.
(snip)
http://www.hollywoodreporter.com/hr/content_display/film/news/e3i7aed7c9e9139df559653702ff422e560As someone on Dan Simmons' website forum said - One movie for both book is going to have to be "Jam Packed" Indeed!
No matter how many times Hollywood disappoints and the doubious idea of doing it all in one movie (maybe it'll be 6 hours long :) ) it's hard not to be a little existed at the prospect.