Grab your cleverly disguised gadgets and get ready to infiltrate some fun because rumor has it that Skydance Media is mounting a relaunch of Robert Rodriguez's Spy Kids franchise. According to Deadline, Skydance Media optioned the rights to the family-friendly adventure series, with Spyglass Media Group and Rodriguez in the mix. Rodriguez will return to write and direct the next film which is said to revolve around the activities of a multicultural family.
This next bit can be a bit confusing, so please bear with me. Spyglass is the current owner of the Spy Kids franchise, but it wasn't long ago when Skydance began nosing around the property in the interest of bolstering their slate of upcoming content. When the next chapter of the franchise kicks off, Skydance will act as the lead studio and oversee development and production while Spyglass’ Gary Barber and Peter Oillataguerre will act as executive producers. Okay, so it wasn't that hard to follow. I just have a habit of confusing Spyglass and Skydance from time to time.
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When it launched in 2001, Spy Kids managed to bank $112 million in domestic box office receipts, which in turn sent a signal to the studio that the franchise had teeth. Thus, three sequels were eventually released that collectively netted more than $550 million at the worldwide box office.
Considering the impressive amount of success the Spy Kids franchise has found throughout its history, it should come as no surprise that Rodriguez and company are looking to slap a new coat of paint on a proven property. When you stop to think about how marketable superheroes have become in recent times, I see no reason why pint-sized spies can't become the next big thing. I wish all involved with this project the best of luck and am genuinely looking forward to seeing how it pans out.
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