So, there are TWO "WOTW" movies set for release this summer? I suspect Spielberg's movie will suck up all the O2, leaving the Pendragon version to go direct to DVD.
"...But the dream narrowly missed being a nightmare. Two near-misses have threatened the project. First, in the immediate aftermath of 9/11 it wasn't clear that moviegoers wanted to see more death and destruction shining on the silver screen. Second, the juggernaut team of Steven Spielberg and Tom Cruise have teamed up to make their own adaptation of WotW. Although the public was unaware of the Pendragon project, DreamWorks was fully aware, fast-tracking their massively funded version and (intentionally or not) putting a lot of pressure on Hines & Co. In the end, the competition appears to be a more or less friendly one. Pendragon's version will be an authentic, scene-by-scene recreation of the novel, set in Victorian England; DreamWorks will be a modern-day retelling..."