Yep, the producers of the NIV are at it again. Disappointed with results on the TNIV, they will be trying yet another rendition. I first read about it on USA Today. There is a little information on the new version's website, NIV Bible 2011.
The Committee on Bible Translation is still in charge. It will be published by Zondervan Publishing. And it is a production of Biblica. Who? Oh, that's what was formed when the International Bible Society and Send the Light merged. They were IBS-STL Global, then became known as Biblica.
Another interesting note: On the Biblica press release page, there is a short paragraph about the CBT. The link for more information leads to Michael Marlowe's Bible Research website.