OK, being pedant time. Did this kid produce it or direct it, or both (genuinely interested)?
Spielberg is foremost a director, and has only produced the following 5 films he didn't direct himself:
Memoirs of a Geisha (2005)
Flags of Our Fathers (2006)
Letters from Iwo Jima (2006)
Super 8 (2011)
The Hundred-Foot Journey (2014)
EDIT: Oh, and he stars in it too! Judging by the trailer I'd guess he's in a modern part of the film, retracing his ancestor's steps.
A school friend of his is producing the music for the movie, all should be ready for release in May hopefully.