15 August 2012 8:35 AM, PDT | Flickeringmyth | See recent Flickeringmyth news »

Since director David Slade (The Twilight Saga: Eclipse) decided to pass on the proposed Daredevil reboot in favour of the Hannibal TV pilot, 20th Century Fox has been facing a race against the clock to get the film into production before October 10th, at which point the rights to the character are set to revert to Disney and Marvel Studios. Despite eyeing Joe Carnahan (The A-Team,The Grey) as Slade's replacement, it seems that Fox has now given up on its quest to bring the Man Without Fear back to the screen and will instead allow the rights to lapse. "Think my idea for a certain retro, red-suited, Serpico-styled superhero went up in smoke today kids," wrote Carnahan on Twitter yesterday. "We shall see. Time is Not on anyone's side."

According to Deadline, Marvel has refused both an extension to the rights, as well as the option of co-financing the film alongside Fox, »

- flickeringmyth

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