MUMBAI: MGM is planning a $25 million remake of the 1980 movie musical Fame with producer Mark Canton and Lakeshore Entertainment, according to www.Hollywood.tv founder Sheeraz Hasan.

“We will update it, (but) we will still keep some of the songs,” says MGM COO Rick Sands. “The script is being written right now, but we are keeping it under wraps. There will be a strong musical component, though.”

Written by Christopher Gore and directed by Alan Parker, the 1980 film focuses on a group of students at a New York high school for performing arts.

Conceived and developed by producer David De Silva, the original film starred Irene Cara, Paul McCrane, Debbie Allen and Anne Meara. The film later became a television series as well as a stage musical, which was presented Off-Broadway in 2003 and is scheduled to return this summer to London’s West End.