From Slashfilm:
When The Fault in Our Stars director Josh Boone was hired to direct The Stand for Warner Bros., we assumed that the intent on the studio side would be to make a film or pair of films with a broad appeal. In other words, we figured that WB wanted Boone to craft a film that could harness some of the teen appeal and social media buzz of The Fault in Our Stars. Turns out that might not be quite the case, as the director says he plans a single film (but a very long one) with an R rating.
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This would fall into the news within an interview slot. :D
I have a feeling that in the coming months, the three hours or the R rating will be cut down.