For the first time, Lionsgate will be launching sales at the AFM on their long-gestating fantasy reboot which has Henry Cavill aboard to star as the eponymous Scottish swordsman and John Wick filmmaker Chad Stahelski set to direct.

We hear this will be a big-budget proposition, north of $100M. Stahelski himself has previously talked about it as akin to John Wick with swords. The team is eyeing a 2024 start.
The new movie will be based on the 1986 original, which starred Christopher Lambert, Sean Connery and Clancy Brown as immortal beings, hunting down one another and collecting more power. The time-jumping film — with its “There can be only one” tagline — spawned four sequels and three TV series including the popular USA series starring Adrian Paul. Queen memorably provided the soundtrack for the original movie.

Producing the reboot are Joshua Davis, Fast And The Furious producer Neal H. Moritz, Stahelski (thru his 87Eleven Entertainment production company) and Louise Rosner.
The current draft of the screenplay is by Mike Finch. The late Peter S. Davis, producer of the original Highlander, initiated development of the new film. Summit first acquired remake rights to the original in 2008.