Terrence Malick’s longtime editor Billy Weber recently revealed that the filmmaker is working on a director's cut of his 2011 effort "The Tree of Life". He tells The Playlist :
"I don’t even know the total [amount of footage that was shot], it was a huge amount of film, because he shot so many scenes. And I’m pretty sure he’s doing a director’s cut DVD of Tree Of Life, and that will have some of those scenes deleted [placed back] in. But for the theatrical release, he really thought that it was going to be too much, and he just couldn’t put it all in."
Weber also says Malick is adding on the finishing touches to the long-gestating documentary "Voyage of Time" and a release date is finally on the horizon:
"Voyage of Time is supposed to come out, I think, 2014. It’s all planned, it’s got a release, it has a distributor — it’s IMAX, it’s a big IMAX film — I think it has a date and all of that,"
Source: The Playlist