Well, I’ve been waiting a few months to relate this news — but I am sad to say that my version of The Flash is dead at WB. The God’s honest truth is that WB and myself simply couldn’t agree on what would make for a cool Flash film. I’m quite proud of the screenplay I turned in. I threw my heart into it and I genuinely think it would’ve been the basis of a ground-breaking film. But as of now, the studio is heading off in a completely different direction. I expect you’ll hear of some new developments on that front shortly.
He goes on to explain a little bit more about what his vision of The Flash would have entailed:
To be honest, when WB first approached me about doing The Flash, it seemed a little too good to be true. A part of me thought they’d never really make a movie like that. For the record, the script did involve both Barry and Wally as The Flash. I wanted to showcase the legacy aspect of the hero — as that was something that hadn’t been explored yet in film. Like Batman Begins, the script drew on some seminal comicbook runs (Mike Baron, Mark Waid, Geoff Johns).
Man! Barry and Wally! That would have been sweet! It sounds like the WB wants to go a bit lighter with The Flash than they did with Batman Begins or Superman Returns so the choice of Levy kind of makes sense. I guess we’ll just have to wait and see.