A surprising candidate for the title of "buzz movie" at the Cannes Film Festival this year? The Alex Garland-scripted movie adaptation of classic sci-fi comic Judge Dredd - and it's all because Fox turned it down.

Deadline Hollywood reports that Dredd - the second movie version of the comic, after the better-forgotten 1995 version starring Sylvester Stallone - has become buzzworthy for Cannes buyers following the news that it will be independently-financed by the Indian-based Reliance Big Entertainment and IM Global, a movie sales company Reliance partly owns. The movie, scripted by Garland and directed by Vantage Point's Pete Travis, with designs by comic book artist Jock, is being produced by Andrew MacDonald's DNA Films, and was originally expected to be distributed by 20th Century Fox as part of a pre-existing deal between Fox and DNA. Instead, it'll follow Kick-Ass into the world of "low" budget (It's believed to cost less than $50 million, almost half of the cost of the '95 Stallone version) independent production and, hopefully, the hearts of millions.

Dredd is currently in pre-production. No cast nor release date has been announced.