The 'Anna Karenina' filmmaker became a frontrunner to take on the film about the boy, who never grew up in a project that will chronicle who Peter Pan was before he discovered Never Never Land and, reported Daily Express.
Screenwriter Jason Fuchs, who penned the script for 'Ice Age: Continental Drift', is adapting the idea for the screen.
Wright's 'Peter Pan' project isn't the only movie about the ageless hero in the works.
Bosses at Disney and Sony are also reportedly developing films based on author JM Barrie's most famous character.