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Dimension's Cloak and Dagger Deal

Dimension Films and Marvel Studios have signed a deal to turn the Marvel comic Cloak and Dagger into a live-action feature. The film will be scripted by David Tischman, who has done writing stints on Marvel's Mutant X and DC Comics' Son of Superman and Secret Society of Super Heroes.

Cloak and Dagger originally debuted in the summer 1985. The title characters are a streetwise black teen and a rich white girl, respectively. They simultaneously end up with interconnected powers -- he can create a terrifying, all-encompassing darkness, she can "throw" light daggers -- that they use to protect runaways, the homeless and kids on the street from urban predators.

Marvel Studios president Avi Arad and Rick Alexander will produce. The latter is also producing a new version of Conan the Barbarian with Jon Jashni for Warner Bros. Like the previous film version, Conan will be scripted by John Milius.

After years failed deals and poor results, Marvel is currently riding high in Hollywood. Bryan Singer is working on an X-Men sequel at Fox; Ang Lee is readying The Incredible Hulk for Universal and two other projects are currently in production -- Sam Raimi directing Tobey Maguire as Spider-Man for Columbia and Wesley Snipes returns in Blade 2 for New Line.

Cloak and Dagger haven't had a regular title of their own in years but the characters remained in the background of the Marvel Universe. Then late last year, they reappeared along with the Punisher, Black Widow and others in the title Marvel Knights. Alexander and Tischman, though, were fans of the characters from the beginning so the pair went to bat with Arad, convincing him the vigilante duo had movie potential. Tischman has also spent time in Hollywood as a development executive, so he know how the system works.

This is Dimension's third Marvel project of its own (Blade and Blade 2 are part of Dimension's parent company, New Line). Dimension is also developing Ghost Rider with screenwriter David Goyer and Blade director Steve Norrington. The Marvel comic Werewolf by Night is also on the drawing boards to become a live-action feature.