20th Century Fox has finally come to terms with Chronicle filmmaker Josh Trank to direct their superhero reboot Fantastic Four.

We first reported on his potential involvement with the remake back in January, before Chronicle opened in theaters. Fox president Tom Rothman indicated in April that he was hopeful the filmmaker would sign on. Fox will begin production on Fantastic Four after shooting wraps on two more superhero projects, The Wolverine and the X-Men: First Class Sequel.

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In related yet opposite news, director David Slade has dropped out of the studio's Untitled Daredevil Reboot. Fox is said to be keen on the screenplay, most recently worked on by David James Kelly, but the director couldn't fit it into his schedule, due to his commitment to direct the Hannibal pilot. Fox has to get production started this fall, or they risk the rights reverting back to Marvel Studios.

Fox has also hired Attack the Block director Joe Cornish to helm Rust, from a script by Aline Brosh McKenna. The story is being compared to E.T. the Extra-Terrestrial, centering on a struggling family of farmers whose lives are turned upside down when a mysterious robot wanders onto their land.