Cracked looks at movies being remade.
The article is a month old, but the list has Point Break, Day of the Dead, League of Extraordinary Gentlemen, and two separate Jungle Book adaptations. Point Break will remove the surfing element, replacing it with extreme sport, thus making the title an artifact. League is being developed as a TV series, which may fit the original comic better. Yes, that will make League a remake of an adaptation.

Another adaptation coming: The Exorcist.
The Exorcist, originally a book but adapted as a movie where it is better known, may be returning as a TV series. The idea is still being shopped around, but networks and cable stations are at least intrigued.

Five hundred new fairytales discovered.
Disney now has even more stories to animate. The tales were found in a German archive. Franz von Schönwerth collected the tales in Bavaria around the same time the Brothers Grimm were. One of the formerly lost tales, “The Turnip Princess” is now online at the Guardian’s site.

Steven Spielberg negotiating rights for The Grapes of Wrath.
The Steinbeck novel turns 75 next year and many producers and directors are trying to get the rights to film it. The book was adapted once before, by John Ford in 1939.

The Hollywood Meltdown continues. Spike Lee talks with John Berman on CNN on why originals aren’t being made and the future of movie making.
The big issue is that Hollywood studios now need the international market to turn a profit on big budget blockbusters. In China, audiences don’t go out to original movies but will flock to characters they already know. Thus, major comic book movies (except R.I.P.D.) and sequels do better there than unknown characters. Lee is also turning to Kickstarter to fund his next movie, seeing crowdsourcing as not that much different as raising money for his first joints, except he doesn’t have to lick as many stamps this time.

The question the studios have to consider is, “Is this movie worth the money being spent on it?” If The Hangover III cost US$103 million while The Phantom Menance cost US$115 million, there’s something wrong. (For comparison, the first Hangover only cost US$35 million to make and performed better in theatres compared to the third movie in the trilogy.)

Spielberg, who has noted the oncoming implosion, is predicting that it may cost more to see movies like Iron Man than to see Lincoln after the meltdown, with filmmakers Lee and George Lucas agreeing.
Next week, Blade Runner