Jeff Smith had a spotlight panel at this year's Comic-Con, and Comic Book Resources has the write-up. Here's the tiny bit that was mentioned about the upcoming Bone feature film.
Smith opened the panel to fan questions, with one audience member inquiring about the status of the fabled "Bone" film. "Warner Bros. bought the rights last year for a 'Bone' movie," he said. "They're developing it right now. There's not a lot to talk about. I haven't seen that much. Animal Logic isn't officially part of the thing but I've seen some character [designs] they've done of Fone and Phoney Bone. I've only seen a blip of animation, but I've seen models of Fone, Phoney and the Dragon and they're dynamite. Other than that, it's still early days. I'm sure Warner Bros. will be making announcements here next year. I'd count on it."
Check out the whole article if you want to read more on Jeff Smith's various projects and nothing about the Telltale games.
Source: Comic Book Resources
Capn_Nacho
I asked Jeff about the Telltale games at a panel once and he had very, very little to say about them. He seemed to think they were very cool and said he had a good time working with TellTale in their offices, but it seemed like he hadn't personally played through them.
Thanks for doing the field research! It definitely seems like at the end of the day Bone being discontinued is more Telltale's doing than Smith's, with them letting the license expire while they focused on their other games and perhaps came to the conclusion that there was no way to easily pick up where they left off given that Bone predated the inception of their true episodic model. And I guess now even if they wanted to return to it, the license is now (maybe?) in Warner Bros' hands.
It's all a shame but there doesn't seem to be any personal drama involved with it at all - Smith apparently knows little more of the games than he's seen his wife play through. I don't think at the time any of us would have picked Bone over the resurrection of Sam & Max but Telltale was really on its way to putting together an excellent and worthy adaptation of the comics in such a way that I have a hard time imagining the movie(s), however good, will be able to.