Legendary Pictures to Revive “Godzilla”

Riding on the trend of remaking past hits, Legendary Pictures has announced that it has bought the rights to produce a new version of Japan-made “Godzilla.” Legendary will collaborate with Warner Bros. in bringing back to life the iconic monster, which has spawned more than 20 films since it first appeared in 1954.

Legendary bought the rights from Toho Company Ltd., which will distribute the film in Japan when it is released in 2012. A director has yet to be picked but Legendary officials are expected to announce their choice soon. Legendary chairman and CEO Thomas Tull said that the new “Godzilla” will remain faithful to the elements that made the monster a popular culture icon. “Our plans are to produce the Godzilla that we, as fans, would want to see.”

“Godzilla” would be the latest co-production between Legendary and Warner, whose partnership was responsible for hits such as “300,” “The Dark Knight,” and “The Hangover.”