According to an article from Reuters, Ubisoft has hired directors Francois Alaux and Herve de Crecy, Oscar winners for the short film "Logorama", for a short film about the latest Ghost Recon title.
Beyond the direction, Ubisoft has also hired Tim Sexton, co-writer of the film "Children Of Men", to write this short film in collaboration with the directing duo.
The upcoming 20 minute short film entitled "Future Soldier" is expected for release around the end of the year. So far the film is set with a budget somewhere between $8 to $10 million USD.
This is the second short film project Ubisoft has worked on for a promotional campaign. Apparently the Assassins Creed: Lineage series worked well enough to warrant $10 million for a new youtube hit.