For people who don't know, after the breakup of Oasis, one of the projects Liam attached himself to was a film-adaptation of the famous, 'Longest Cocktail Party', an account of the history of Apple Corps, and the breakup of The Beatles. 

Liam even publicly talked the project up at the Cannes Film Festival in 2010, in a rather bizarre move, during the very early stages of the films development. It was announced soon after, that the pretty prominent British director, Michael Winterbottom would take the helms. 

It got a bit more news around the 2012/2013 period when it was reported that Jared Leto, and Ethan Hawke, were actors that LG wanted to see in the picture. 

So what happened to it? Obviously we don't know the exact reasoning but it seems possible/likely that Beady Eye's lack of success contributed to it 'not going anywhere'. Not to mention Liam's 2014 divorce eventually putting effectively a lock on his finances.