The studio announced in March that it had optioned the rights to the superhero property that follows the adventures of Brit Reid. A wealthy publisher of The Daily Sentinel by day, Reid roams as a masked crime fighter by night, dedicated to protecting the lives and rights of the city's citizens. Reid is accompanied by Kato, a chauffeur-bodyguard-personal assistant during business hours who transforms into a masked sidekick with a knack for martial arts when the sun goes down. The two cruise around town in a dark sedan known as the Black Beauty.
Neal H. Moritz is developing the project with Rogen via the producer's Original Film company. Moritz has been chasing the rights for years having been a big fan of the '60s television series. He declined to comment on Rogen's involvement.
Rogen's deal was confirmed to the Los Angeles Times by a number of sources both inside and outside the studio, who are involved with the film. Sony is planning on releasing the film in 2009.