UPDATE: Michael Green confirmed exclusively to Newsarama that the report is correct. Green, who is also writing the Fantastic Four film relaunch for Marvel, said, "We are amazingly grateful to all involved for the opportunity." More from the writers when they're able to discuss the projects.

Original Story: While Green Lantern won't hit theaters until 2011, DC Entertainment and Warner Bros are going full-steam ahead on more superhero movies.

Writers Greg Berlanti, Michael Green and Marc Guggenheim, who wrote Green Lantern and have various superheroic pedigrees in the comic book world as well, have been hired to write treatments for a Green Lantern sequel and a movie featuring The Flash, according to a report by The Hollywood Reporter.

The Flash will be a story featuring Barry Allen, and tie closer to the current Geoff Johns-penned comic book. Johns, Chief Creative Officer of DC Entertainment, has cited bringing more DC Comics properties to film, games, and television as one of his primary new duties.

The writing trio will take one of the two treatments and write a first draft script from it as part of the writing deal. No word on possible other writers to take on the script that Berlanti, Green, and Guggenheim don't handle themselves.

Green Lantern will also be getting a new animated series on Cartoon Network in Fall 2011, though few details about the series have been released. New live-action movies in the Batman and Superman franchises are in development, as well.

The Flash, Green Lantern, Batman, Superman; who else should get the cinematic treatment?

Twitter activity