I really hope Boyle will get to make this film. I am not familiar with his previous work, but he sounds like a passionate fan of the character.
In fact, there are three different Phantom film and TV-projects rumoured/in planning at the moment that we know of, which is a weird but wonderful feeling for a die-hard fan of a character who has so far not received the media-exposure he so truly deserves. We have the Boyle film, a proposed TV-series for Sci Fi Channel written by Daniel and Charles Knauf, and there's even a rumour that Paramount are intending to make a sequel to their 1996 version, again starring the terribly underappreciated Billy Zane.
I would love to somehow see both a new take by Boyle AND a sequel with Zane, but I know that isn't very likely. The Sci Fi Channel project can die a terrible death for my liking, as it sounds like they want a purple Punisher more than anything else (their Phantom would shoot and kill people, according to the press release).
I think the time is better than ever for the Phantom to return to the screen. Lesser known characters like Iron Man, Hellboy, Daredevil, even the Punisher to a certain degree, has proved that you don't need a "big name" comic for a movie to bring in bucks. Plus, I dare say the Phantom is far more famous than any of the aforementioned characters anyway. After all, it is said that over 100 million people read the comic strip in the prime of its popularity.
They're even making a new movie based on Mandrake the Magician, which was also created by the great Lee Falk, starring a perfectly cast Jonathan Rhys Meyers.
I highly recommend people to check out what Moonstone Books has been doing with the Phantom. They are truly the best and most passionate US publisher to ever touch the character, and has made some amazing stories throughout the years. They are going to relaunch the character soon with an all new regular book called The Phantom: The Ghost Who Walks. I'm already counting the days!
t:
Really, just give them a try. Mike Bullock is the regular writer, and does a terrific job in every way. Other than him, people like Ben Raab, Rafael Nieves, Ron Marz, Tony Bedard, Chuck Dixon and Craig Shaw Gardner has done some great work on the character for them.
http://moonstonebooks.com/phantom.asp
(I know I sound like I work for the company or something, but I am just a HUGE fan of the Man Who Cannot Die who is happy that there is some kind of newfound interest for his adventures).
Here's hopes to see the Ghost walk to the screen again soon!