
From Deadline:
Mandate Pictures just announced that Spike Lee will direct Oldboy, a remake of the cult 2003 South Korean film directed by Park Chan-wook that won the Grand Jury Prize at the 2004 Cannes Film Festival. Mark Protosevich has adapted the screenplay and will co-produce; Roy Lee and Doug Davison will produce via Vertigo Entertainment with Lee's 40 Acres & A Mule. Mandate president Nathan Kahane will executive produce. Lee and Protosevich are repped by CAA. Dan Freedman, SVP business affairs, negotiated the deals for Mandate.