Update on the Jackie Chan/Jet Li Project ... Plus: Untouchables 2!
From Variety: "Jackie Chan and Jet Li will star together for the first time in a $70 million family pic that Relativity Media will finance and Casey Silver produces. Robert Minkoff will direct, while martial arts expert Yuen Woo-Ping will create the action sequences. Shooting is set for April.
Film is one of two new big-budget projects that Relativity -- backed by hedge fund money -- will be offering to buyers at the American Film Market, which unspools Wednesday in Santa Monica. The second is Brian De Palma's $70 million prequel "The Untouchables: Capone Rising," which Paramount will distribute domestically.
Chan-Li starrer, known as the untitled J&J project, has been rumored for some time, but Relativity, headed by Ryan Kavanaugh, boarded only recently. John Fusco script is based on the legend of the monkey king and his quest to achieve immortality.
Li is set to play two roles, that of the monkey king and the silent monk. Chan will play the monk T'sa-Ho. The two martial-arts masters have long said they would like to appear together in a film and fight each other."
Click here for more on both projects.