The news will be official in Production Weekly magazine(issue 621-August 7th 08). As you already know,writer/director Greg Berlanti has been attached to direct(after co-writing..lol), though that may no longer be the case. Sources also tell me that Greg wasn't WB's first choice, and still isn't their favorite, but it's his job to lose. As a treat, I leave you all with the OFFICIAL movie description:
STATUS - Development
PRODUCER: Donald De Line - Andrew Haas WRITER: Greg Berlanti - Marc Guggenheim - Michael J Green
DC COMICS 1700 Broadway New York, NY 10019
WARNER BROS. PICTURES 4000 Warner Blvd. Burbank, CA 91522-0001
Each sector of space is protected by a Green Lantern, possessing a power ring that uses a powerful green energy to do anything within the
limits of the user's imagination and will power. When the Green Lantern assigned to this sector of space finds himself dying on planet Earth, he
tells the ring to find a suitable successor. The chosen replacement, hot-shot test pilot Hal Jordan, finds himself with a new job he never expected.
Its Wally's World...bitches.
![The Flash](http://www.thegreenlanterncorps.com/forum/blackandgreen/smilies/theflash.gif)
![Kyle Rayner](http://www.thegreenlanterncorps.com/forum/core/images/smilies/kyle.gif)