LOS ANGELES, CA, SEPTEMBER 12, 2011 - Financing and production company Alcon Entertainment is set to remake the classic 1991 action-thriller POINT BREAK as a feature film for release by Warner Bros, its home studio, it was announced by Alcon co-founders and co-CEO's Broderick Johnson and Andrew Kosove.
Alcon principals Kosove and Johnson secured rights to the project the week of the original film's 20th anniversary from RGM Media, John McMurrick and Chris Taylor. Kosove and Johnson will produce along with Michael DeLuca, John Baldecchi, Chris Taylor and Kurt Wimmer ("Salt," "Law Abiding Citizen," upcoming "Total Recall"), who also wrote the screenplay. RGM Media principal Devesh Chetty and investor John McMurrick, Chairman of Marloss Entertainment, will serve as Executive Producers.
The film is being fast tracked, with the filmmakers set to take the project out to directors soon.
The new version is set in the world of international extreme sports, and like the original involves an undercover FBI agent infiltrating a criminal ring, but plot points beyond that have not been revealed by the filmmakers.
State Johnson and Kosove: "Who doesn't love the Kathryn Bigelow original and its pure heart-pounding action and thrills? Kurt's take infuses the story and characters with new twists and settings. We're very excited to be in business with Kurt, and Michael DeLuca, Chris Taylor, and John Baldecchi." Adds DeLuca "'Point Break' wasn't just a film, it was a Zen meditation on testosterone fueled action and manhood in the late 20th century and we hope to create the same for the young 21st!"
In addition to the feature rights, Alcon has also secured television and gaming rights to POINT BREAK.
The Bigelow original, starring Keanu Reeves, Patrick Swayze and Gary Busey, was produced by Largo Entertainment and released by Fox. The film went on to become an instant classic and remains beloved by the youth culture around the world.
ABOUT RGM MEDIA
Headquartered in Singapore, with operations in Australia and the United States, RGM Media Limited is an ASX-listed Pan Asian media and entertainment company with two operating divisions: artist management, and film and television production.
Alcon Entertainment co-founders and co-CEO's Andrew Kosove and Broderick Johnson founded the Company in 1997 with financial backing from Frederick W. Smith, the Founder, Chairman and Chief Executive Officer of FedEx. Alcon, which is named after a mythological archer and ally of Hercules, has financed, and/or co-financed/produced over 19 films, including "My Dog Skip," "Dude, Where's My Car?", "Insomnia," "Racing Stripes," the Academy Award nominated Best Picture "The Blind Side," which earned Sandra Bullock a Best Actress Oscar; "The Book of Eli," starring Denzel Washington and Gary Oldman; "Insomnia," starring Al Pacino, Robin Williams, and Hilary Swank and directed by Chris Nolan; "The Sisterhood of the Traveling Pants," and "P.S. I Love You," starring Hilary Swank, among many others. The Company's next release is "Dolphin Tale," a 3-D family film starring Morgan Freeman, Harry Connick Jr., Ashley Judd and Kris Kristofferson, scheduled for release on September 23, 2011. "Joyful Noise," a music driven comedy starring Queen Latifah and Dolly Parton, has also wrapped production and slated for release January 13, 2012. Earlier this year the Company released "Something Borrowed," based on New York Times bestselling author Emily Giffin's book, starring Kate Hudson, Ginnifer Goodwin and John Krasinski. All three films are released via Alcon's output deal with Warner Bros.