From Moviehole.net: "The insipid trend of remaking earlier, better films continues with Variety announcing a remake of Terry Gilliam’s 80s fave, “Time Bandits”.
The new movie – assumingly being made with Gilliam’s contribution – will mostly likely be the same thing, just with a higher film stock. The original 1981 film, produced and directed by Gilliam (who created animations for Monty Python’s Flying Circus) and written by Gilliam and Michael Palin, is one of the most famous of more than 30 theatrical features produced by Handmade Films, the London-based independent company backed in part by former Beatle George Harrison.
HandMade, headed by exec, Antony Rufus Isaacs, has been digging through the company archives looking for properties he can exploit. In addition to a redo of "Bandits," he’ll be making a tardy sequel to "The Long Good Friday."
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