It didn't look good once prospective director Joe Carnahan tweeted "I think my idea for a certain retro, red-suited, Serpico-styled superhero went up in smoke today kids" Carnahan had talked about doing a 70's era film with ties to the Frank Miller run of DareDevil comics recently.
There was rumors that Marvel/Disney were trying to get the rights to Fantastic Four (owned by FOX) in return for an extension on DareDevil rights which needed to be shooting by mid October to stay with FOX. If that was ever true it appears they didn't end well. At least FOX gets to keep the FF for a while longer with the constant rumors of a reboot. FOX isn't exactly rolling with franchise potential IP at the moment only just recently relaunching the X-Men franchise.
DareDevil was originaly released by FOX in 2003, starring Ben Afflek as Matt Murdok with Jennifer Garner, Michael Clarke Duncan, and Colin Farrell in supporting roles. It was part of the spat of early 2000 superhero movies that were terrible if not named X-Men or Spider-Man. At least with Fantastic Four it was kind of entertaining if vapid and cheesy. Other than it being the point where Ben Afflek met future wife Jennifer Garner not much good can be said about that movie. The directors cut added an additional subplot but not much in the end. Garner was also given a spin-off movie Elektra, and recived worse reviews than Daredevil.
Caranahan cut together a pair of sizzle reelz for his 70's DareDevil movie, one of which is titled DAREDEVIL NC-17. Carnahan could find himself at Marvel making a DareDevil movie, but with the sucsess of Avengers it seems doubtful they would let him do a possibly R rated take on the character.