King Kong prequel coming soon

Variety is reporting that Spirit Pictures has picked up the rights to the book: "Kong: King of Skull Island". Both a prequel and a sequel to "King Kong". A tv writer, Andy Briggs, is writing the script. I don't think the studio will get Peter Jackson to direct, his price tag is way too high for a smaller studio. It would be nice if the studio shelled out enough money for decent special effects, as seen in 2005's King Kong.

Buuut, the studio is going in another direction; it has opted for motion capture technology like The Polar Express used, as well as the upcoming Disney's: A Christmas Carol. The 2005 movie had a "budget [that] climbed from an initial US$150 million to a record-breaking $207 million", states Wikipedia. HOLY WOW. That's a lot of money. We'll see that happens as time goes on. I was thinking to myself the other day that a King Kong sequel is overdue, even if I wasn't a fan of the Peter Jackson film.