Summit Entertainment has acquired the film rights to Red, the 2003 DC/Wildstorm miniseries by Warren Ellis and Cully Hamner.
This option is particularly notable because it marks the first time a DC Comics title is leaving the Warner Bros./Time Warner umbrella. According to The Hollywood Reporter, it took almost two years of negotiations to pry Red away from Warner Bros.
Still, DC will remain closely involved, with senior vice president-creative affairs Gregory Noveck serving as executive produce.
A three-issue espionage-thriller, Red centers on a retired black-ops CIA agent who’s forced back into action when a high-tech assassin shows up to kill him.
The adaptation, by brothers Erich Hoeber and Jon Hoeber (Whiteout), apparently focuses on an older operative dealing with younger agents and modern technology. Lorenzo di Bonaventura and Mark Vahradian will produce the film.
Another Ellis Wildstorm miniseries, Ocean, recently moved forward at Warner Bros.
Update: Ellis comments on the sale and reported movie storyline.