According to Variety, new Spanish production company Atlantia Canarias is teaming with L.A. producers Branko Lustig (Gladiator) and John Kelly for a remake of Papillon.

The producers aim to finance the remake for the most part via tax-driven investments from Spain's Canary Islands.

Headed by screenwriter-producer Vicente Mora and Catalan producer Roger Corbi, Atlantia closed a deal a few weeks back to option movie and TV rights to Henri Charriere's autobiography, immortalized in the 1973 film starring Steve McQueen and Dustin Hoffman. Roger Corbi's father, DrimTim topper Manuel Corbi, will produce.

Currently in the earliest stage of development, with no screenwriter or director attached, Papillon will shoot in English on a budget of about $90 million, Lustig said.

Hyde Park Entertainment Group has secured rights from Blake Edwards to remake his 1979 comedy "10."
Original pic starred Dudley Moore, Julie Andrews and a famously cornrowed Bo Derek.

Hyde Park chairman Ashok Amritraj and exec Patrick Aiello will produce with Lou Pitt; Blake Edwards and Geoffrey Edwards will exec produce.

After a long campaign to get Edwards to entrust them, the producers have already met with agencies to package the romantic comedy. They hope to engage in a global search for a newcomer to play the new "10."

"Blake's timeless original encapsulated the fallacy of 'the grass is always greener' in relationships," said Amritraj.

Hyde Park's in post on the Capcom vidgame adaptation "Street Fighter: The Legend of Chun-Li," which will be released Feb. 27 through its co-production deal with 20th Century Fox. Hyde Park also just wrapped romantic comedy "The Other End of the Line," which MGM will release in November. Hyde Park Intl. is selling international on those titles.

LOL. You get 3-4 releases with the same actor in a year