The news comes less than two weeks after the singer's death at age 69.
David Bowie's iconic 1986 movie, Labyrinth, is getting the reboot treatment.
The cult classic was the last film Jim Henson directed, and TriStar closed the deal with his production company, The Jim Henson Co, The Hollywood Reporter reported. Nicole Perlman, a co-writer on Guardians of the Galaxy, will helm the script, putting the 21st century update firmly in the capable hands of someone who knows their way around an out-of-this world feature.
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The original fantasy flick told the tale of a teenager, played by Jennifer Connelly, who has to make her way through a maze to rescue her brother from the goblin king (Bowie) that has kidnapped him.
There have been no details announced yet on a date for the project or if the remake will feature an updated plot.
While Labyrinth didn't do well at the box office when it was first released -- and was a main reason that Henson, who died in 1990, stopped directing -- it has since become a beloved favorite of its die-hard fans.
The reboot news comes less than two weeks after Bowie's death. The iconic singer died on Jan. 10 at age 69 after battling cancer.
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Following Bowie's death, celebrities took to social media to share their condolences. To see their touching tributes, watch the video below.