Sean Daniel and Joni Levin are producing the the remake. Jason Brown will exec produce with screenwriter Keith Clarke.
The novel is in the public domain. The 1959 movie was set in ancient Rome, directed by William Wyler, produced by Sam Zimbalist and starred Heston, Stephen Boyd, Jack Hawkins and Hugh Griffith. It won 11 Academy Awards, including Best Picture.
Since it emerged two years from a prepackaged bankruptcy, MGM's film business has been focused on co-financing its James Bond and Hobbit franchises and projects such as ""21 Jump Street" and mining its library for remakes, including "Carrie," "Robocop" and "Death Wish."
Bekmambetov last directed "Abraham Lincoln: Vampire Hunter."
The negotiations were first reported by the Deadline.com site.
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