Based upon: The extremely popular early 1990's video game created by Atari.
(8/21/04) What isn't known yet is what exactly this film will be about. Will it indeed retell the origin (not a bad idea), or just start out with a fresh story where they're already established characters? My personal hope is that this film adapts, to a T, the story of the first Pit-Fighters!
Filming: Computer animation is scheduled to start sometime this summer in Hawaii, on a budget of $5-10 million.
Genres: Live action with some CGI, Eye Candy, Martial Arts
(6/30/04) The Hollywood Reporter ran a lengthy summary of how the franchise is being revived. Nothing breathtaking to include here.