Chris Columbus is in negotiations direct and produce the fantasy, The Lightning Thief for Fox 2000 and Columbus' 1492.
The film is based on the first novel in a best-selling series, the Percy Jackson and the Olympians books by Rick Riordan. The Hollywood Reporter says it centers on a young boy who discovers that he is the descendant of a Greek god and sets out - with the help of a satyr and a daughter of Athena - on a dangerous adventure to settle an ongoing battle between the gods. Along the way, he faces a host of mythological enemies determined to stop him. He also must come to terms with a father he has never known and an oracle that has warned him of betrayal by a friend.
No screenwriter is attached yet to develop The Lightning Thief the project with Columbus.