×
You will be redirected back to your article in seconds

MGM looks ahead with ‘Mr. Mom,’ ‘Idolmaker’

Studio moving on 5 pics; announces co-financing on 'Hansel and Gretel'

The Lion has finally started to really stir, with MGM announcing its first post-bankruptcy co-financing deal Thursday and studio execs telling creative reps that it’s moving on a quintet of projects, including remakes of 1980s pics “Mr. Mom” and “The Idolmaker” and long-gestating reboots of “RoboCop” and “Poltergeist.”

Paramount announced Thursday that MGM’s come on board to co-finance “Hansel and Gretel: Witch Hunters” — studio’s first such deal since completing its reorganization and receiving a $500 million cash infusion late last year.Jeremy Renner and Gemma Arterton star in “Hansel and Gretel,” helmed by Tommy Wirkola and shot in 3D with a March 2, 2012 release date. The fairy tale retelling is set 15 years after the siblings killed the witch.

Meanwhile, MGM execs have been making the rounds of major agencies to put out the word as to priority projects after former Spyglass president Jonathan Glickman came aboard two weeks ago as president of its motion picture group.

Glickman filled the role vacated last fall by Mary Parent, who came on board in 2008 and ramped up production before MGM’s massive debt forced a development deep freeze.

MGM’s telling reps for the town’s creatives that it’s aiming to start moving the following five projects toward production:

n A reboot of “RoboCop.” Pic was being fast-tracked for a 2010 release as the first potential tentpole to come together under Parent’s regime, with director Darren Aronofsky attached at one point. Phoenix Pictures’ Mike Medavoy, who produced the original film for Orion in 1987, was on board as producer alongside Arnold Messer, Brad Fischer and David Thwaites.

n A reboot of “Mr. Mom.” The 1983 original, directed by Stan Dragoti and written by John Hughes about a stay-at-home dad, starred Michael Keaton and Teri Garr.

n A remake of 1980’s “The Idolmaker.” Original was directed by Taylor Hackford and starred Ray Sharkey as a mercenary music promoter who takes on two boys with the intent of turning them into teen idols.

n A “Hercules” project. Project has been in development at Spyglass with Peter Berg producing. Story centers on the mythical figure, having turned his back on the gods, becoming a mercenary and training a ruthless army.

n A fourth “Poltergeist.” The original was released in 1982, followed by sequels in 1986 and 1988.

A rep for MGM had no comment about the development slate.

Key decision facing MGM is whether to go with Sony in a distribution pact that would encompass the 23rd James Bond pic, set to go into production later this year. Sony emerged last week as the leading contender as Paramount, Warner Bros. and Fox fell out of the running.

In early January, MGM swapped international distribution on “The Hobbit” with Warner Bros. in exchange for Warners picking up its share of production costs, estimated at $265 million to $275 million.

(Justin Kroll contributed to this story.)

More Film

  • 'Shazam!' Review: Zachary Levi is Pure

    Film Review: 'Shazam!'

    In “Shazam!,” Zachary Levi brings off something so winning it’s irresistible. He plays a square-jawed, rippling-muscled man of might, with a cheesy Day-Glo lighting bolt affixed to his chest, who projects an insanely wholesome and old-fashioned idea of what a superhero can be. But he’s also playing a breathless teenage kid on the inside, and [...]

  • WGA Agents Contract Tug of War

    Showrunners, Screenwriters Back WGA in Agency Battle, Sides to Meet Again Tuesday

    More than 750 showrunners and screenwriters have backed the WGA’s battle against talent agencies taking packaging fees and other changes to the rules governing the business relationship between agents and writers. The letter of support issued Saturday is significant because of the immense clout showrunners and prominent screenwriters possess in Hollywood. Several showrunners had recently [...]

  • Doppelgänger Red (Lupita Nyong'o) and Adelaide

    Box Office: 'Us' on Track for Second-Highest Debut of 2019 With $67 Million

    Jordan Peele’s “Us” is on its way to scaring up one of the biggest debuts of 2019, with an estimated $67 million from 3,741 North American locations. Should estimates hold, “Us” will be able to claim several milestones: the highest debut for an original horror movie (the biggest launch for any horror pic goes to [...]

  • NF_D_JGN-D6-2160.cr2

    Film Review: 'The Dirt'

    A long time ago, the words sex, drugs, and rock ‘n’ roll carried a hint of danger. The lifestyle did, too, but I’m talking about the phrase. It used to sound cool (back around the time the word “cool” sounded cool). But sex, drugs, and rock ‘n’ roll has long since passed into the realm [...]

  • James Newton Howard Danny Elfman

    New Trend in Concert Halls: Original Music by Movie Composers — No Film Required

    Movie and TV composers are in greater demand than ever for, surprisingly, new music for the concert hall. For decades, concert commissions for film composers were few and far between. The increasing popularity of John Williams’ film music, and his visibility as conductor of the Boston Pops in the 1980s and ’90s, led to his [...]

  • Idris Elba Netflix 'Turn Up Charlie'

    Idris Elba in Talks to Join Andy Serkis in 'Mouse Guard'

    Idris Elba is in negotiations to join Andy Serkis and Thomas Brodie-Sangster in Fox’s fantasy-action movie “Mouse Guard” with “Maze Runner’s” Wes Ball directing. Fox is planning a live-action movie through performance capture technology employed in the “Planet of the Apes” films, in which Serkis starred as the ape leader Caesar. David Peterson created, wrote, [...]

More From Our Brands

Access exclusive content