The project had been optioned by Miramax in 1999, but had been languishing in turn-around before Gold Circle showed up with designs on a fantasy franchise of their very own. Wheeler adapted the screenplay and a call has already been put out for a director. Gold Circle might not have the same high-profile reputation that Miramax does, but they have a respectable line-up set for the coming year, including Whisper with LOST's Josh Holloway, and the U.S. remake of the South Korean film My Sassy Girl with Elisha Cuthbert. So even if The Arcanum doesn't turn out to be the next great fantasy franchise, one studio's trash could still be another's treasure.
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