Warner Bros. and Alcon Entertainment have decided it’s time to remake yet another famous action movie – namely, Point Break, Oscar-winning director Kathryn Bigelow’s highest-grossing film to date. That’s not to mention, the flick responsible for the much-parodied image of a screaming Keanu Reeves firing his gun off into the air and one of the greatest cheese lines ever (“I am an F, B, I, Agent!”).

Bigelow’s Point Break hit theaters back in 1991 and featured such big names (at the time) as Reeves, Patrick Swayze (Dirty Dancing), Gary Busey (Lethal Weapon), Lori Petty (Booker), and John C McGinley (Born on the Fourth of July), among others [Side note – as you may have noticed, half of those late 80s/early 90s titles are now being remade].

No director has been set yet for the Point Break remake, but Kurt Wimmer (who is also scripting the upcoming Total Recall remake) will be both producing and writing the flick. The film has been fast-tracked for development, so a helmer should be hired on soon enough.

Here is lowdown on the Point Break re-fashioning, from the official press release:

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.

Wimmer’s screenplay for the Point Break remake also supposedly “infuses the [original] story and characters with new twists and settings.” Take all that as you will.

Johnny Utah (Reeves) and Bodhi (Swayze) in 'Point Break'

Point Break is one of those classic ridiculous ’90s action flicks that boasts many an incredulous, yet entertaining action set piece – including the aforementioned “shooting your gun in the air” bit and a hilarious physics-defying sequence where not-so-secret agent Johnny Utah (Reeves) and adrenaline junkie/criminal Bodhi (Swayze) fight one another while skydiving out of an airplane, with a single parachute between them (watch that NSFW scene HERE).

Many a film buff has long complained that the original Fast and the Furious was basically a semi-remake (or, if you prefer, ripoff) of Point Break, based on the resemblances between the two – in terms of plot points, characters, and the extreme activities featured in each respective film. Likewise, Point Break caught on with a whole generation of action movie fans for the same reason that Fast Five hit it big just this past summer – because it’s essentially meant to serve as a pure adrenaline rush, in cinematic form.

So, all in all, it’s possible the younger generation of moviegoers who never saw the original Point Break will end up assuming the remake is just a ripoff of the Fast and the Furious franchise. How’s that for things coming (bizarrely) full circle?

Paul Walker and Vin Diesel in 'Fast Five'

Wimmer has been responsible for scripting high-octane thrillers that vary from good enough (Salt) to mixed (Equilibrium) – and sometimes just flat-out unimpressive (Ultraviolet, Law Abiding Citizen). Therefore, those reading this – who are not against a remake of Point Break solely on principle – should probably wait and see who signs on as director – before giving any more thought as to how good or bad this flick will end up being.

We will keep you posted on the status of the Point Break remake as more information is released.

Source: Alcon Entertainment/Warner Bros.