Complex sentence: It was reported on August 29,2006, that Universal Studios had acquired the movie rights to "Choke", and on May 1,2007, it was announced that "Choke" would be going into production on June 18.
Split into simpler sentences: It was reported on August 29,2006, that Universal Studios has acquired the movie rights to "Choke". On May 1,2007, it was announced that Choke is going into production on June 18.