Studio, Cherry Road teaming on sci-fi redo

Warner Independent Pictures and Cherry Road Films are remaking “The Man Who Fell to Earth,” with scribe Oren Moverman set to adapt.

Cherry Road and Warner Independent have optioned the rights to Walter Tevis’ 1963 novel of the same name, as well as the remake rights to Nicolas Roeg’s 1977 British film starring David Bowie, also of the same name.

Story is about an alien who comes to Earth disguised as a businessman to procure water for his parched planet. Along the way, he becomes the head of a powerful international conglomerate and discovers just how greedy mankind is, falling into a metaphysical crisis.

Producers are Cherry Road prexy Kendall Morgan, VP of acquisitions Tommaso Fiacchino and CEO Bo Hyde. Warner Independent senior VP Paul Federbush is overseeing for the specialty division.

Moverman (“Jesus’ Son”) co-wrote the upcoming “I’m Not There: Suppositions on a Film Concerning Dylan” with Todd Haynes, who is directing the pic. Moverman also is set to pen helmer Ira Sachs’ “Marriage.”

Cherry Road Films produced Richard Kelly’s upcoming “Southland Tales” for Universal. Film is a follow-up to Kelly’s cult fave “Donnie Darko.”

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