Deadline is reporting that the production company has a screenplay from The Forbidden Kingdom scripter John Fusco and are in talks with the director of the classic Hong Kong film The Bride With White Hair Ronny Yu to helm. Lee is reportedly not involved in the project.
Fusco’s screenplay is reportedly based on Silver Vase, Iron Knight, the fifth novel in Chinese writer’s Wang Du Lu’s wuxia romance Crane-Iron Pentalogy. Lee’s Crouching Tiger, Hidden Dragon was based on the fourth novel in the series, though the film did appropriate some plot points from earlier the three earlier novels in the series.
The Crane-Iron books have never been translated into English, but Silver Vase, Iron Knoight focuses on Yu Shu Lien, the character played by Michelle Yeoh in Crouching Tiger, Hidden Dragon. Fusco explained the plot of the film in broadstrokes to Deadline –
This introduces a new generation of star-crossed lovers, and a new series of antagonists in a battle of good and evil. It has a Knights Errant quality. There is an alternate universe in the books, a martial forest that exists alongside the real world, full of wandering sword fighters, medicine men, defrocked priests, poets, sorcerers and Shaolin renegades. It’s so vast and rich, and I found characters from the second and third books in the series to create a most interesting stew while being as true to the source material as I could be.
Casting should get underway once Yu finalizes his deal with the Weinsteins. Fusco states that he expects Crouching Tiger, Hidden Dragon fight choreographer Wo Ping Yuen to return for the film.