A competing Alexander film is being developed by Oliver Stone, with Colin Farrell slated to star. Variety notes that each of these films could cost $140 million, so whichever one is first to the starting gate will likely be the lone survivor. With so much money on the line, it's doubtful two separate studios will hit the market with nearly identical projects.
Variety also reports that two older Alexander projects have been scrapped. Mel Gibson's 10-part HBO mini-series bit the dust after Gibson left the production. The other casualty was a third film based on a script by "Usual Suspects" writer Christopher McQuarrie.