Way back in 2006, Sam Raimi picked up the rights from Street and Smith Publications to bring the classic pulp comic The Shadow to the big screen again. As most of you know, The Shadow was originally brought to the big screen by Russell Mulcahy, and starring Alec Baldwin, back in 1994. But in January of this year, we reported a rumor saying that Raimi was interesting in potentially directing The Shadow, but that seemed like it would be unliekly. Now Latino Review is reporting that Fox has picked up The Shadow for around $1 million and Raimi is attaching David Slade, of 30 Days of Night and Eclipse, as director for the time being.
For those who don't know anything about The Shadow, he's a crime-fighting vigilante with psychic powers. He wears a black, crimson-lined cloak with an upturned collar (that protects his face) over a standard black suit and was even voiced by Orson Welles on the radio in 1937 and 1938. Apparently Raimi never finished a script when he first optioned it, but I guess he still put together a pitch. David Slade worked with Raimi on 30 Days of Night, which was a Ghost House Pictures production, and is also why he's now on The Shadow