I'm pulling my information from Irish online newspapers for the most part, and Irish film production sites.
The good news in a nutshell is that although the film negotiations with Irish studio Ardmore had stalled due to a political problem with Ireland not wanting to renew its tax breaks for filmmakers, that problem has been resolved and the studio is back in negotiations with Miramax:
Unison.ie- Film, 12/4/03
(registration required...but here's the most crucial bit)
ARDMORE studios is set to inform Hollywood studios including Miramax in the coming days of the Budget decision to extend Section 481 tax break provision for films until 2008. Kevin Moriarty, Managing Director of Ardmore in Bray, Co Wicklow last night welcomed the decision and said the studio could now enter negotiations with big-budget Hollywood studios about bringing projects to this country including discussions with Miramax on a �250m trilogy production of 'Artemis Fowl.' While Miramax had expressed an interest in filming the movie in Ireland the project was effectively on ice pending a decision by Charlie McCreevy on the future of the tax breaks. (emphasis mine) Penned by Wexford school teacher Eoin Colfer, the tale is being hailed as the Irish version of 'Harry Potter' and would have a budget of some �70m a movie.
The project has apparently left the hands of Tribeca/Robert DeNiro/et all and has moved to a more Irish group of artists, possibly as Ireland is looking at this to be their equivalent of the Lord of the Rings trilogy, a defining film to put Irish filmmakers on the map. Excitingly, many Irish sources are referring to the film-to-be as a TRILOGY, not a singular movie!
I hope this is of interest to folks here :)