Columbus gets that sinking feeling

According to The Hollywood Reporter, Chris Columbus (Home Alone, Harry Potter and the Sorcerer's Stone) is set to direct and produce Sub-Mariner, based on Marvel's aquatic prince.

David Self (Thirteen Days, Road to Perdition) wrote the screenplay for what's supposed to be an epic undersea film.

Marvel's Avi Arad is excited:

"This is a giant project. Chris and I have been talking about this for six years, and once he saw where we were going with it and the world we were going to create, he jumped in."

Waterworld, anyone?