A few hours after official word came down about Disney acquiring Marvel came word today that Fox is gearing up its rumored reboot of the "Fantastic Four" film franchise says Variety.
Tim Story directed the two previous live-action films in 2005 and 2007, both of which suffered a lot of negative criticism but made around $300 million each at the worldwide box-office.
Scribe Akiva Goldsman ("A Beautiful Mind," "Batman and Robin") has been hired to oversee the reboot as producer while Michael Green (TV's "Heroes," the upcoming "Green Lantern") will pen the script.
Why is this happening? Rights retention is the best guess. Fox has a licensing agreement from Marvel and thus controls the "Fantastic Four" movie franchise in perpetuity - under the condition that it continues making the films.
That motivation is not unheard of, a similar situation took place with 2002's "Queen of the Damned" which was greenlit to ensure Warner Bros. retained the film rights to Anne Rice's Vampire Chronicles book series.
Ioan Gruffudd, Jessica Alba, Chris Evans, Michael Chiklis and Julian McMahon starred in the previous two films, though with deals just made it's unsure if they'll return. If the project is a reboot however it seems unlikely.