After loads of loads of talk, H20 Motion Pictures has finally received financing for their forthcoming remake of The Gate, which will be shot in 3-D by actor-turned-director Alex Winter (who you might know from the Bill and Ted movies and Lost Boys. You can read the details inside. No word on any casting yet.
Frankfurt’s HessenInvestFilm and Stuttgart-based MFG Baden-Württemberg have allocated $1.9m (e1.35m) to Germany’s first 3D live action film, Alex Winter’s The Gate.

The UK-born actor-director’s remake of the 1987 horror film will begin production at the MMC Studios in Cologne in the late summer. The film has also received $1.2m (e900,000) from Düsseldorf’s Filmstiftung NRW.

The original, which starred Stephen Dorff, followed three young children who accidentally release a horde of nasty, pint-sized demons from a hole in a suburban backyard. What follows is a classic battle between good and evil as the three kids struggle to overcome a nightmarish hell that is literally taking over the Earth.

It is the second collaboration between the studios’ production arm MMC Independent and Andras Hamori’s H20 Motion Pictures after they co-produced Stephen Frears’ Cheri last year.

Visual effects for The Gate will be handled by the Frankfurt and Stuttgart studios of Pixomondo. Its recent credits include Niki Muellerschoen’s The Red Baron, Roland Emmerich’s 2012 and James McTeigue’s Ninja Assassin.

In addition, HessenInvestFilm awarded $384,523 (e250,000) for UK writer-director Mark Cairns’ mystery thriller Cold Storage, which is being planned as a 3D feature by Frankfurt’s MagnaManaProduction.