Bono and The Edge are reportedly going to be involved in an upcoming film by Irish director John Carney called Sing Street. The news comes from a site called Screen Daily, which says this:
In what promises to be a heady brew, Carney’s long-time friends Bono and The Edge of U2 will compose original music. The pair are in talks to be involved in the film in another, as yet unspecified capacity.
Carney is the director of Once and is a former member of the Irish band, The Frames. Screen Daily says the film is scheduled to start shooting this summer in Dublin.