According to The Hollywood Reporter Michael Diliberti and Matthew Sullivan will be writing Brewster's Millions. The film will be a new take on the George Barr McCutcheon novel for Warner Bros.
The novel was released in 1902 and it became a play in 1906. It was made into a film in 1945 (that starred Dennis O'Keefe and was directed by Allan Dwan). It got redone in 1985 with Richard Pryor and John Candy starring. That version was directed by Walter Hill.
Brewster's Millions follows a man who gets $1 million from a rich grandfather. When a rich uncle dies, he leaves the man $7 million dollars. However, there is one stipulation. The man has to spend "the grandfather's million within a year and not end up with any assets from the spending spree."