Ang Lee has picked his next project. The Life of Pi helmer has signed on to direct an adaptation of Ben Fountain’s satirical novel Billy Lynn’s Long Halftime Walk for Tom Rothman’s TriStar Productions and Film4. |--| Lee had been developing an untitled boxing project for Universal about Muhammad Ali and Joe Frazier. But Long Halftime Walk knocks that project out and will become Lee's follow-up to Pi. Sources say there were casting issues with the 3D boxing film, and Lee suddenly became available a couple of months ago. |--| The film centers on 19-year-old soldier Billy Lynn and his squad, who survive a battle in Iraq that is captured by embedded news cameras, pushing them into the limelight as heroes. They're brought home to the U.S. for a promotional tour that culminates at the halftime show of a Thanksgiving Day football game in Texas before they are returned to the war.