Source: Variety June 27, 2008
Variety says that Warner Bros. has signed The Incredible Hulk director Louis Leterrier to helm its Lawrence Kasdan-scripted remake of Clash of the Titans.

While the subject matter of the two films is different, each shares a preoccupation with Greek mythology, and that has created a full-fledged chariot race to be first, adds the trade.

Warner essentially greenlit "Titans" right after landing Leterrier. WB is co-financing and co-producing the film with Thomas Tull's Legendary Pictures.

And Relativity, which is fully financing War of Gods, has fast-tracked its film to start production by year's end.

Both pictures are expected to use the greenscreen techniques used for 300.

War of Gods is a mythological tale set in war-torn ancient Greece, as the young warrior prince Theseus leads his men in a battle against evil that will see the gods fighting with soldiers against demons and titans.

In Clash of the Titans, Perseus, the son of Zeus, must overcome a series of obstacles to save his beloved Princess Andromeda, including cutting off the serpent-tressed head of Medusa, who can turn a man to stone with a single glance.