Despite being moved from Sony Pictures to Warner Bros. Pictures, "Iron Man" helmer Jon Favreau remains attached to direct the film version of the Tony-winning musical "Jersey Boys" says The Hollywood Reporter.
Graham King's GK Films label recently signed a first-look, one year deal with Warners which includes 'Jersey'. Warners aggressively pursued the project back in 2010 before Sony nabbed it.
Now as a split has developed between King and Sony, Warners was able to lure the project back to them via this short-term deal. GK Films is reportedly still smarting from financial loses on "Hugo" and to a lesser extent "The Rum Diary".