It is now being reported that Warners Bros. Pictures and producer Dan Lin ("Sherlock Holmes," "Jonny Quest") are in early development on a reboot of the video game turned film franchise "Tomb Raider" says The Hollywood Reporter.

The rumored recasting as well seems to be a rights issue. Though Paramount previously made the two movies based on the game, the rights have since reverted to Eidos. Time Warner upped its stake to nearly 20% in Eidos in December and films rights to the property became part of that deal.

Much like the recent Batman and James Bond series, the new project will ignore the previous films and will reimagine the origins of Lara Croft, her love interest and the main villain.

As the project is an open-writing assignment, a writer and director are yet to be attached making the casting of Croft herself an unlikely event for a long time yet (sorry Megan Fox fans).

The hugely popular game series, first published in 1996, followed the daredevil archaeologist Lara Croft on a series of global missions. After four subsequent and increasingly panned sequels, the series was put in the hands of new developers who effectively 'rebooted' the series with the game "Tomb Raider: Legend". A direct sequel to that, "Tomb Raider: Underworld", hit stores in November.

Angelina Jolie, Jon Voight and Daniel Craig starred in the first film adaptation in 2001, while Jolie, Gerard Butler and Ciaran Hinds starred in the second in 2003. Despite dreadful reviews the first film scored a major $275 million in international box-office. Reviews were better though still dire for the sequel, while revenue notably sank with only a $157 million global tally.