Universal's Untitled 2016 Film Rumored To Be Namor the Sub-Mariner Posted by Joseph Lee on 05.19.2014
They do own the rights...
Latino Review reports that there is currently a rumor going around that Universal and Legendary's "Untitled 2016 Event Project" is actually the studio's only Marvel Comics property: Namor the Sub-Mariner. Universal and Legendary are co-financing "a film that is new and not a sequel or remake, though it may be based on underlying intellectual property." They claim this is for Namor.
The site adds that if the film is Namor, then with a November 2, 2016 date, they would beat Warner Bros, who is rumored to be including Aquaman in the Justice League movie (due out in 2017).
Namor made his comic debut in April 1939 in Motion Picture Funnies Weekly (a month before Batman). He was created by Bill Everett and was Marvel's first superhero. Universal acquired the rights in the early 1990s when Marvel sold their characters to film studios. When asked if Marvel Studios had the rights to Namor, Kevin Feige said: "Namor I think is a little complicated, the way some of them are."
He said that Namor is technically a mutant in the comics and is featured frequently in Fantastic Four (which are both owned by Fox). However, Scarlet Witch and Quicksilver are mutants and they will be appearing in Avengers: Age of Ultron.
Meanwhile, Collider claims that Godzilla screenwriter Max Borenstein could be writing the script.
Borenstein said in an interview: "There is this secret project that I've been working on with the folks at Legendary, which I'm excited about. I think there's a decent shot of that [going into production]. I can't get into details, but hopefully soon, it will hit the universe."