Warner Bros. Picks Up Watchmen

The film based on the Alan Moore comic had been dropped by Paramount but gets new life at DC Comics' sister company.
Warner Bros. picked up the rights to make the movie adaptation of Alan Moore and David Gibbons' iconoclastic maxi-series The Watchmen. Paul Greengrass will not direct the film and David Hayter is out as screenwriter.

Paramount had dropped the film earlier this year.
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Entertainment Weekly