The Wrap has picked up on news that New Line Cinemas - a subsidiary of Warner Bros. - has picked up the rights to the Shaft franchise and is now planning on rebooting it for a new theatrical release. As the project is obviously very much in early days, there are no writers or director attached to the project just yet, but John Davis - the producer behind movies likes I, Robot, Norbit, and Predators, is attached to navigate the film through development.
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