They're looking to adapt comicbook for bigscreen

Platinum Studios is reviving the film prospects of its “Atlantis Rising” comicbook, teaming with “Immortals” producer Mark Canton to develop a potential new franchise out of the property.

An adaptation had previously been set up at DreamWorks in 2008, with Alex Kurtzman and Roberto Orci, who brought the project to the studio, attached to produce at the time.

Platinum Studios’ “Cowboys and Aliens” was adapted by Universal, DreamWorks and Imagine last year. Now that it has film rights to “Atlantis Rising” back in its possession, Platinum is taking a new approach, rebooting it with a new look and story.

Created by Platinum chief Scott Mitchell Rosenberg, “Atlantis Rising” was first published as a five-issue miniseries. Property revolves around an undersea civilization that began over 10,000 years ago and whose presence is unknown to the surface population.

“‘Atlantis Rising’ has the franchise potential of ‘Men in Black,’ which I greenlit for Scott while at Sony’s Columbia TriStar,” Canton said. “I’m looking forward to bringing it to the screen with Platinum as a dynamic, state-of-the-art action thriller.”

Canton, chairman and CEO of Atmosphere Entertainment, is a boardmember of Platinum Studios.

Atmosphere’s recent credits include Relativity’s “Immortals,” which has earned more than $210 million at the worldwide B.O., and Warner Bros.’ “300,” based on Frank Miller’s graphic novel.

“‘Atlantis Rising’ is a provocative sci-fi thriller that at its core brings up the question: whose planet is this?” Rosenberg said.

Filed Under:

Follow @Variety on Twitter for breaking news, reviews and more