Sony Pictures Entertainment has acquired North American rights and several foreign territories to Paul W.S. Anderson's remake of The Long Good Friday, according to Variety.

The movie, produced and financed by Handmade Films, is scheduled to shoot in the U.S. next year, with the original London gangland story transposed to Miami. The original was directed by John Mackenzie and featured Bob Hoskins and Helen Mirren as part of the ensemble cast.

The budget for the new film will be in the $50 million to $55 million range which Anderson is writing and will direct.

Michael Ryan of Handmade Films said the new version of the movie would be "true to the spirit and the structure of the original," which, he said, was quite a cultural icon but not widely seen around the world.