After premiering at SXSW this Sunday, Sony Pictures and producer Scott Rudin (No County for Old Men) have already obtained the remake rights to the documentary, Brooklyn Castle. The film chronicles the lives of inner-city school I.S. 318, “where more than 65% of students are from homes with incomes below the federal poverty level.” [Deadline]

Although the middle school was voted “school in need of improvement” back in 2003, the game of chess has allowed the school to become on of New York City’s best public schools. However, public school budget cuts have put the much loved program and its accomplishments in jeopardy.

Rudin, who’s one of Hollywood’s biggest producers, also directed a chess-themed film back in 1993 titled, Searching For Bobby Fischer, which had Steve Zaillian as screenwriter. The remake deal for Brooklyn Castle was made by Cinetic Media, who are currently searching for distribution rights for the film. The remake will depict the hopeful lives of the kids of I.S. 318, with the help of actors and a script. It hasn’t been said if Castle will be distributed into major theaters after its SXSW run, but if they want people to see the remake that almost seems necessary precaution.

What are your thoughts on a Brooklyn Castle remake?