‘Stax’ at IGN Filmforce tells us that screenwriter David Hayter’s latest draft of Iron Man has won over New Line and the studio is going out with it to directors to get the project started in early 2005:
Sources advised IGNFF that this draft of Iron Man is very Tom Clancy-esque in tone and involves the conflict between Tony Stark and his father Howard over Stark Industries. The Armored Avenger’s origin has been updated from the Vietnam back story used in the comics.
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Source: IGN Filmforce