‘Rocky Horror’ Remake Goes Low Budget and Debuts VOD

After years of rumors, it looks like the cash is finally in the bank as U.K. satcaster BSkyB’s Sky Movies web has confirmed it will co-finance MTV’s remake of “The Rocky Horror Picture Show.” Under the deal, the remake of the 1975 cult classic will premiere exclusively in the U.K. on Sky Movies before becoming available on VOD services Sky Player and Sky Anytime, according to Variety. Sky Movies partners on the previously announced project with MTV, Fox TV Studios, BermanBraun and Lou Adler, who exec produced the original which starred Richard O’Brien, Tim Curry and Susan Sarandon. Cast and director remain as yet unannounced.