Robert Rodriguez will direct a remake of 'Fire and Ice'.

The 46-year-old filmmaker has joined the project - which is being created by Sony Pictures - which will see the 1983 movie reimagined as a live-action movie.

The original animation - which was released by Fox but grossed less than $1 million - was based on characters developed by Ralph Bakshi, who directed the project, and Frank Frazetta, and told the story of an Ice Lord who destroyed a village with a glacier, with the sole survivor determined to get revenge.

The movie will be a new project for the director following the moderate success of 'Sin City: A Dame to Kill For' which was released earlier this year, grossing $38 million worldwide.

So far the film has been funded by Bond Films' Gary Michael Walters, Matthew Rhodes and Michel Litvak, who have been working on development drafts with the screenwriter.

The movie's announcement follows the news Sony Pictures have pulled the planned release of their new movie 'The Interview' following a hacking of their computers and threats of terrorist attacks due to the controversial nature of the film, which is about a plot to assassinate the North Korean leader Kim Jong-un.

The studios are now expected to lose up to $75 million on the film, but have continued to announce new projects including an untitled sci-fi film which will be produced by J. J. Abrams.