Emmerich is set to direct, with Devlin to produce. The idea is to use the film to kick off a planned trilogy that reboots the 1994 pic.
“We couldn’t be more excited to once again partner with Roland and Dean, the world-class creators of the original ‘Stargate,’ to bring their reinvigorated vision of this wildly popular property to audiences of multiple generations,” MGM chairman-CEO Gary Barber said. “’Stargate’ is one of the biggest titles in MGM’s vast library, and we look forward to adding this great franchise to our slate.”
MGM will be running production on the film, with Jonathan Glickman, president of the motion picture group, overseeing on behalf of MGM, and Greg Silverman, president of creative development and worldwide production, overseeing for Warner Bros. Pictures. Worldwide distribution will be handled by Warner Bros. Pictures, with select international territories to be handled by MGM.
The original film starred Kurt Russell and James Spader and grossed more than $200 million worldwide.