You'd think, with the recent success of Frank Miller's graphic novel adaptation Sin City for instance, that the producers behind the long-mooted Watchmen would be chomping at the bit to get their project into production with maximium speed.
Unfortunately, due to political manouvering at Paramount Studios (Brad Grey recently replaced Donald De Line as Paramount chief) the project has now been officially put in turnaround, with the producers Larry Gordon and Lloyd Levin now taking the project, with British director Paul Greengrass attached, out to other studios.
Initially set up at Universal Pictures, Paramount were hoping to start production work this summer, but it is thought that the budget required (rumoured to be around $100 million) has led to Paramount bailing out.
Early in the 1990s, Terry Gilliam was reportedly attached to make a big-screen verson of the adventures of Dr Manhatten, the Comedian, Nite Owl, Rorschach (or rawshark...) and Ozymandias, before he bailed saying it was impossible to translate the scale of the story to the silver screen.
More recently Lloyd Levin and Larry Gordon turned in a draft of the screenplay, which has since been rewritten by David Hayter who has been trying to secure the Directing gig too. Darren Aronofsky (Pi, Requiem for a Dream) was also recently mooted for the project, although he since left to be replaced by current 'director-in-chair' Paul Greengrass who has previously made The Bourne Supremacy and Bloody Sunday.