Given Hollywoods current fascination with remaking old movies (Strawdogs, the upcoming Total Recall,
and the recently announced Carrie and Death Wish) it was only a matter of time that they would attempt to remake a remake. Based on Akira Kurosawa's Seven Samurai, The Magnificent Seven transplanted the action from feudal Japan to the Wild West. and followed a group of gunmen hired to protect a small Mexican village from bandits. Released in 1960, it starred Yul Brynner, Steve McQueen, Charles Bronson, James Coburn and Eli Wallach. Now a remake is development at MGM, with Tom Cruise in line for the lead role.
Apparently the project is something Cruise has been interested in doing for a long time, but it is a long way due to the amount of movies on the actor's plate at the moment, including Oblivion, All You Need Is Kill, and a planned reboot of the Van Helsing franchise.
No director has been attached for the remake, and the search is currently on for a screenwriter.
Source: Variety