July 23, 2004 - After falling apart at Revolution Studios, the big-screen version of DC's Watchmen is back on track at Paramount.

According to the Hollywood Reporter, Darren Aronofsky (Pi, Requiem for a Dream) is developing the project and will direct.  Aronofsky first became attached when it was based at Revolution.

Screenwriter David Hayter, who has adapted the Alan Moore/Dave Gibbons graphic novel, had originally hoped to make his directing debut with the project, but he was unable to win the creative support of the studio.

Watchmen follows the costumed hero Rorschach, who lives his life as a costumed vigilante because most masked heroes have retired or been outlawed. While investigating a murder, he learns that a former masked-hero colleague has been killed, prompting him to begin investigating a possible conspiracy to eliminate all masked heroes.

Aronofsky will next direct Hugh Jackman in The Fountain, starting this fall.