Comedic tale getting a new remake…

Actor/director Robert Townsend (‘The Five Heartbeats,’ ‘B*A*P*S’) is taking the director’s chair for a new take on the 1902 George Barr McCutcheon novel ‘Brewster’s Millions,’ says Variety.

The film keeps the same basic premise as the novel and follows Monty Brewster, who is set to inherit $1 billion – with one key caveat: He must spend $100 million in one week or end up with nothing more than the clothes on his back.

McCutcheon’s novel was previously adapted to the screen 10 times. The first take on the comedic tale was directed by Cecil B De Mille and Oscar Apfel, although the most famous would be the Richard Pryor-led film back in 1985.

Joseph and Jack Nasser are attached to produce, with Michael William Schmidt providing the script.