I don't want to cause any confusion over this, since I'm not aware of any official connection between Bandai and the Gurren Lagann movie(s) as of yet (though odds are they will eventually license it), so I removed everything about Gurren Lagann from our previous report on Bandai's merger and new license, and placed it below. So....

Giapet put up a quick twitter update from Fanime just an hour ago, saying that the Gurren Lagann movie will actually be two-fold: "There will be two gurren lagann movies. The movies seem to be a retelling with some new footage and some reused as well."

And in other Gurren Lagann news, that story about Gurren Lagann airing on the Sci Fi channel starting from July 28 turned out to be leaked ahead of plan, and not exactly final. The deal hasn't actually been finalized yet, and they're "working very hard to meet an extremely tight deadline to get it ready for TV broadcast (...). If everything goes as planned, there will be two brand new episodes of Gurren Lagann every Monday".

By the way, the first 6 episodes of Gurren Lagann are being premiered at FanimeCon.

Update: ANN confirms that there will be two Gurren Lagann movies coming from Gainax.