Netflix has closed a deal with Skydance to produce a reimagining of the successful 2001 Spy Kids franchise alongside Spyglass Media, LLC, and creator and director Robert Rodriguez (Alita: Battle Angel).
Rodriguez will write, direct, and produce the next film, which will introduce the world to a new family of spies.
The film will mark Rodriguez’s second family film with Netflix, following the breakout success of the 2020 family action film We Can Be Heroes.
David Ellison, Dana Goldberg, and Don Granger will produce for Skydance, which will oversee development and production. Elizabeth Avellan and Racer Max will also produce.
Spyglass owns the Spy Kids franchise, which has earned over $550 million at the worldwide box office. Spyglass’ Gary Barber and Peter Oillataguerre will executive produce.
Rodriguez launched Spy Kids with the original film in 2001, followed by Spy Kids 2: The Island of Lost Dreams (2002), Spy Kids 3-D: Game Over (2003), and Spy Kids: All the Time in The World (2011).
Netflix’s expanding slate of all-audience movies includes Shawn Levy’s time travel spectacle film The Adam Project, Robert Rodriguez’s action-packed family film We Can Be Heroes, and family comedy Yes Day, starring Jennifer Garner, Edgar Ramírez and Jenna Ortega.
Upcoming titles include fantasy adventure Slumberland, directed by Francis Lawrence and starring Jason Momoa, Enola Holmes 2, starring Millie Bobby Brown back as the clever and fearless detective, and the enchanting fantasy The School for Good Evil, starring Charlize Theron and Kerry Washington.
In addition to Spy Kids, Skydance’s slate with Netflix includes the upcoming Heart of Stone, starring Gal Gadot, The Adam Project, starring Ryan Reynolds, which recently premiered on March 11, as well as mega-hits The Old Guard and 6 Underground.
Skydance’s upcoming slate also includes the highly-anticipated Top Gun: Maverick, the seventh and eighth installments of the wildly popular Mission: Impossible series, and The Greatest Beer Run Ever.
Spyglass is a global premium content company led by Gary Barber, focused on developing, producing, financing, and distributing motion pictures and television programming across all platforms for worldwide audiences. The company also has strategic backing from Lantern Capital Partners, Lionsgate, Warner Bros., Eagle Pictures, and Cineworld Group.
Spyglass recently relaunched the horror franchise Scream, starring Neve Campbell, Courteney Cox, and David Arquette, with the next installment heading into production this summer. Later this year, Spyglass’ revival of Hellraiser will debut on Hulu.
Mirko Parlevliet has been reporting on the entertainment industry since 1998 and founded Vital Thrills to cover the latest streaming, movie, TV, and game news.