The story is based on the actual theft of Cage's "Action Comics #1" back in 2000. Lost for eleven years, the rare collector's item was found in a San Fernando Valley storage locker. At the time of its recovery, the actor said in a statement, "It is divine providence that the comic was found and I am hopeful that the heirloom will be returned to my family." It eventually sold for an impressive $2.1 million at auction in November.
Lionsgate picked up the project with Garant and Lennon producing along side Peter Principato and Paul Young. According to The Hollywood Reporter, the script is being written with Cage in mind for the key role of Nicolas Cage, but notes, "at this stage, it's unlikely that Cage will play himself."
Meanwhile, fellow actor Jason Statham has been named in connection with the project, but has no official involvement with the production at this time.
Garant and Lennon, besides writing and performing on "The State" and "Reno 911," are known for their comedy scripts like "Taxi", "Herbie: Fully Loaded," "Night at the Museum" and its sequel. Last year, the duo released a book about their experiences writing movies in Hollywood called "Writing Movies for Fun and Profit: How We Made a Billion Dollars at the Box Office and You Can, Too!"
The origins of Superman will also be seen again on the big screen in 2013's "Man of Steel," staring Henry Cavill as the character first glimpsed in "Action Comic #1."