ByLou, writer at Creators.co

According to reports from Hollywood Reporter, Christopher Nolan's breakout film starring Guy Pearce, Memento has received the green light to be remade.

Film studio AMBI pictures, operated by Andrea Lervolino and Monika Bacardi received the rights to remake the cult classic following the acquisition of the library of Exclusive Media Group. According to the Borys Kit,

The 400-title library also contains such as movies as Cruel Intentions, Donnie Darko, Rush and Sliding Doors, among others.

How they had this chance it is said that,

AMBI launched a new $200-million film fund last week, a movie which followed the acquisition of the library, and subsequently greenlit Memento as its latest production.

Memento was released in 2000 which grossed approximately $26 million domestically however has been deemed one of the greatest films by Christopher Nolan. It was released by Newmarket Films and was nominated for the Best Screenplay award at the OSCAR ceremonies.

Quite The Statement

Bacardi issued a statement following the announcement,

Memento is a masterpiece that leaves audiences guessing not just throughout the film, but long after as well, which is a testament to its daring approach. We intend to stay true to Christopher Nolan’s vision and deliver a memorable movie that is every bit as edgy, iconic and award-worthy as the original. It’s a big responsibility to deliver something that lives up to the mastery of the original, but we are extremely excited and motivated to bring this puzzle back to life and back into the minds of moviegoers.

However, with the announcement, there is quite some reasonable unrest in the community. Why remake something that is brilliant in the first place?

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