CATEGORIES Movie News
GodzillaBatten down the hatches, Japan: According to Variety, mutant monster Godzilla is all set to stomp back to our screens in 2012, for its first major US reappearance since 1998's critically derided 'Godzilla' (pictured).

In a new deal inked between Legendary Pictures and Toho Co., who own the rights to the pop culture icon, Legendary will co-produce and co-finance with Warner Bros. to reboot the stalled Japanese franchise stateside, with a director expected to be announced shortly.

"We at Legendary are thrilled to be able to create a modern epic based on this long-loved Toho franchise," enthused Thomas Tull, CEO of the production company. "Our plans are to produce the Godzilla that we, as fans, would want to see. We intend to do justice to those essential elements that have allowed this character to remain as pop-culturally relevant for as long as it has." GodzillaBatten down the hatches, Japan: According to Variety, mutant monster Godzilla is all set to stomp back to our screens in 2012, for its first major US reappearance since 1998's critically derided 'Godzilla' (pictured).

In a new deal inked between Legendary Pictures and Toho Co., who own the rights to the pop culture icon, Legendary will co-produce and co-finance with Warner Bros. to reboot the stalled Japanese franchise Stateside, with a director expected to be announced shortly.

"We at Legendary are thrilled to be able to create a modern epic based on this long-loved Toho franchise," enthused Thomas Tull, CEO of the production company. "Our plans are to produce the Godzilla that we, as fans, would want to see. We intend to do justice to those essential elements that have allowed this character to remain as pop-culturally relevant for as long as it has."

Although Toho has produced more than 25 'Godzilla' movies in the near-60-year existence of the character (with six produced in Japan since 1998), it's been more than a decade since American audiences last caught a glimpse of the skyscraper-smashing reptile. The '98 version, helmed by disaster king Roland Emmerich (who else?), was a box office hit, raking in almost $380 million, worldwide, but ultimately proved forgettable, with the gargantuan monster laying the smackdown on New York, much to Matthew Broderick's disapproval.

Plot details have yet to be discussed, but speculation has been running rampant regarding the project since last summer, and with blockbusters such as 'The Dark Knight,' '300' and 'The Hangover' under its belt, Legendary is likely to hit the ground running with such a (pardon the pun) legendary character in its hands. We'll see which city's insurance prices are likely to skyrocket come 2012.