<i>Chronicle</i> Director Josh Trank Eyed for <i>Fantastic Four</i> Reboot

Josh Trank, whose found-footage superpower film Chronicle has been generating a lot of buzz, is the apparent frontrunner to direct the reboot of Fox's Fantastic Four franchise.

According to Variety, Trank has had several meetings with studio executives, who are waiting to see how his debut feature opens on Feb. 3 before making a final decision. However, Fox, which is distributing Chronicle, is said to be high on the film and its director, so the 27-year-old Trank is expected to get the job.

Word of the Fantastic Four reboot surfaced in August 2009, with Michael Green (Green Lantern, Heroes) writing the script and Akiva Goldsman producing. At one point at least, it was rumored to be called Fantastic Four Reborn.

Fox, which released Fantastic Four in 2005 and the sequel Fantastic Four: Rise of the Silver Surfer in 2008, holds the movie rights to the Marvel property (as well as X-Men and Daredevil) in perpetuity -- as long as the studio keeps making the films. The previous franchise installments grossed nearly $620 million combined worldwide.

Produced for $15 million, Chronicle follows three high-school friends who gain superpowers after they make an incredible discovery in a mysterious crater. However, as they begin to use their abilities to their advantage, their lives begin to spin out of control. Check out the trailer below.

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