According to Deadline, Joseph Gordon-Levitt is finalizing a deal to produce Sandman at Warner Bros with David Goyer, who pitched his treatment for the Neil Gaiman comic book classic.
It has been rumored that Gordon-Levitt might direct and star as the protagonist. They will hire a writer shortly.
The Sandman series shifts between horror and fantasy, and the central character is Morpheus, the personification of dreams. After being held captive 70 years, Morpheus escapes, gains revenge and rebuilds his crumbling kingdom while trying to adapt to the times.
Gordon-Levitt next stars in another seminal graphic novel-based film, Sin City: A Dame To Kill For, which Robert Rodriguez and creator Frank Miller helmed.