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Palansky pumps ‘Iron’

Director takes on action-adventure film for Sony

Sony has tapped Mark Palansky to direct action-adventure “Iron Jack,” a project that sparked a bidding war last year.

Todd Garner is producing through his Broken Road Prods. banner with George Heller and Jeremy Bell exec producing.

The story, set in the 1930s, centers on a renowned novelist and his quest for a legendary treasure. Sony snapped up Johnny Rosenthal’s spec for $1.25 million against $2 million, topping offers from MGM, CBS Films and Spyglass.

Palansky’s directing credits include “Penelope” (2006), starring Christina Ricci, Catherine O’Hara and Reese Witherspoon.

He’s repped by ICM.

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