May 07, 2007 08:15:33 GMT
The 20th Century Fox will make a sequel to its 1987 drama "Wall Street" with Michael Douglas returning as Gordon Gekko.
Bringing Gordon Gekko back to the big screen, 20th Century Fox is in the process to make a follow-up to Oliver Stone's 1987 drama "Wall Street", which won Michael Douglas an Academy Award in 1988 for his role as the cold-hearted takeover artist.
Entitled "Wall Street 2: Money Never Sleeps", the picture will take off with Gekko out of jail and "resuming his machinations on a global scale in the hedge-fund era." While Stone has declined offer to return to the director's seat, Douglas has delightfully confirmed to The New York Times that he will once again portray Gekko for the project.
"I don't think he's much different," the actor said of the character. "He's just had more time to think about what to do."
In developing the flick, Fox has already hired "True Crime" scribe Stephen Schiff to turn in a draft later this year with Edward R. Pressman, who produced the 1987 original, producing. Recently served as the producer of "Amazing Grace", the latter one is also bound to produce "Mutant Chronicles" alongside Stephan Belafonte, Tim Dennison, and Peter La Terriere as well as "The Monkey Wrench Gang" accompanied by Gary Burden, and Lloyd Phillips.