James Franco to Direct Blood Meridian?

From CNN: 

Meanwhile, Franco also hopes to take on Cormac McCarthy's "Blood Meridian" in 2012 and is currently in the process of making a deal to write the script and direct the project.

And Showbiz411:

“As I Lay Dying” isn’t the only writer-director project Franco’s involved in. He tells me he’s also in the process of making a deal with Scott Rudin to write and direct Cormac McCarthy‘s “Blood Meridian” in 2012.

Maybe. From the rest of those reports, it looks like Franco has a number of other things on his plate. 

So, we'll see if the Blood Meridian bit pans out.