According to
Eiga.com, Toei and China's A Really Good Film Company (ARGF) are joining forces to produce a live-action adaptation of
Saint Seiya. Generally viewed as the male version of
Sailor Moon by Western readers, Masami Kurumada began publishing
Sainy Seiya in 1986 and concluded his run in 1990. The story is a loose adaptation of Greek mythology which sees a group of mortal male teens bestowed with the powers inspired by various Greek deities who must then protect the reincarnation of Athena from evil forces.
Eiga is describing the film as a "
Hollywood" adaptation but there's no American company listed as being involved with the project. Their statement could be intending to convey that the film will have a large "Hollywood-esque budget" and that it will be aimed for the Chinese movie audience, a film market that currently sits at #2 but is poised to soon overtake the U.S.
Oscar nominated director Tomasz Bagiński (for his short film, The Cathedral) is set to direct. Though Saint Seiya never secured a foothold in the U.S., it's incredibly popular in Spanish speaking countries.