Universal has hired the Iron Man screenwriters, Art Marcum and Matt Holloway to pen the screenplay based Robert Ludlum’s Novel, The Sigma Protocol, published in 2001.

Universal also has brought in Strike Entertainment partners Marc Abraham and Eric Newman to produce the film with Paul L. Sandberg.

“The Sigma Protocol” revolves around a young investment banker who discovers a secret organization that has been manipulating the global economy. When the banker tries to expose the scheme, he’s targeted for death.

The writers will adapt “The Sigma Protocol” before they begin writing a remake of Highlander. They also scripted Paramount’s upcoming Convoy.

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Early Sunday morning, a fire broke out at the Universal Studios lot in Los Angeles, California. The L.A. Fire Department has released over 300 firefighters to contain it, three of which have been reported injured. The King Kong Exhibit at the Universal Theme Park is badly damaged. The Park was closed for the whole day, leaving over 20,000 visitors locked out. Buildings were left hollowed and gutted by the raging inferno. Several of the original sets for renowned movies such as the courthouse exterior from Robert Zemeckis’ Back to the Future (1985) have been destroyed as well as the sets for the Clint Eastwood film The Changeling, which debuted at Cannes early last month.

A video of the disaster can be seen at the Florida Local 10 website.

This tragedy caused by force of nature brings to mind the sad 2006 ruination of Nick Park’s Aardman Studios that burned down its sets, props, and painstakingly hand-done clay models for the wonderful Wallace and Gromit short films and Chicken Run (2000).

Universal Pictures’ most valued video archive has been scathed. Also burnt to the ground was a warehouse containing vaults of over 40,000 original and master versions of old Universal films. There is a great and crucial blessing that the original negatives of Universal’s history of film was located far away from the erupting fire. The damaged video stock can be replaced. The cause of the fire is still unconfirmed, but a faulty electrical error by a working sound stage for a commercial shoot over the weekend is suspect.

NBC Universal President and Chief Operating Officer Ron Meyer was reported saying that “We have duplicates of everything. Nothing is lost forever.” Thankfully a number of sets including the back lot used for Alfred Hitchcock’s Psycho (1960), Norman Bates’ house, is still standing. Millions of dollars have been lost, but not many people were hurt. This is the second of two massive fires at the studio within the last two decades, the first was caused by arson in 1990.

Entertainment Weekly has published an article which covers the apparent dispute between Edward Norton and his director Louis Leterrier with Marvel over the length and direction of the movie. Marvel wants a 120 minute action-packed hit, and Norton and Leterrier want a 135 minute thoughtful epic. Marvel won and stories of the dispute leaked.

Here’s Norton’s official statement (in part) :

“Every good movie gets forged through collaboration, and different ideas among people who are all committed and respect the validity of each other’s opinions is the heart of filmmaking.

Regrettably, our healthy process, which is and should be a private matter, was misrepresented publicly as a ‘dispute,’ seized on by people looking for a good story, and has been distorted to such a degree that it risks distracting from the film itself, which Marvel, Universal and I refuse to let happen.

It has always been my firm conviction that films should speak for themselves… our focus has always been to deliver the Hulk that people have been waiting for and keep the worldwide love affair with the big green guy going strong.”

Read the full story here