After declaring bankruptcy, the MGM lion lay dormant for a while. But with today’s news, it seems the mighty beast might roar again soon.
Variety reports the studio announced its first plans following the financial fallout, which include five new projects and a co-financing deal. The latter comes via Paramount and the upcoming Hansel and Gretel: Witch Hunters. Academy Award nominee Jeremy Renner stars in the film alongside Gemma Arterton as the titular siblings approximately 15 years after their encounter with the Gingerbread House’s magical mistress as children. The film has a May 2, 2012, release date.
Meanwhile, MGM executives listed their priority projects, which include a number of remakes and reboots: RoboCop, Mr. Mom, The Idolmaker. They also plan on proceeding with a new Hercules project — one that sees the mythical hero turning his back on the gods and forming a ruthless army — and a fourth installment to the Poltergeist franchise.