'Point Break' remake in the works

Alcon Entertainment has set a remake the 1991 action-thriller ''Point Break.''Alcon co-founders and co-CEO's Broderick Johnson and Andrew Kosove announced Monday that they had secured rights to the project -- on 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, who also wrote the screenplay. RGM Media principal Devesh Chetty and investor John McMurrick, Chairman of Marloss Entertainment, will executive Produce. Alcon said 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,'' Alcon saidm.Other plot points beyond that have not been revealed by the filmmakers.In addition to the feature rights, Alcon has also secured television and gaming rights.The Katherine Bigelow original, starring Keanu Reeves, Patrick Swayze and Gary Busey, was produced by Largo Entertainment and released by Fox.Alcon's next release is ''Dolphin Tale,'' a 3-D family film starring Morgan Freeman, Harry Connick Jr., Ashley Judd and Kris Kristofferson. Contact Dave McNary at dave.mcnary@variety.com

Watch Free Movies