"Watchmen" Spun Into Turnaround

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Variety brings some news that might disappoint all the Alan Moore fans out there: Paramount has decided to put their adaptation of Moore's "Watchmen" into turnaround, which basically means the property is now a free agent for the other studios to look over.

The project had previously gestated over at the Universal lot, which is where screenwriter David Hayter ("X-Men") penned his adaptation, but it's believed that new Paramount honcho Gail Berman didn't like the looks of the "Watchmen" project -- and its $100 million budget. Director Paul Greengrass ("The Bourne Supremacy") is attached to the project ... for now, at least.