14 February 2013 8:38 AM, PST | The Playlist | See recent The Playlist news »

When Hollywood runs dry of sci-fi concepts to attach J.J. Abrams to, there's really just one name to pursue for source material: renowned author Richard Matheson, who at the age of 87 leaves a trail of “I Am Legend,” “Real Steel,” "Duel," "The Last Man On Earth" and countless other adaptations from his work. Luckily for MGM though, his son Richard Jr. is interested in the family business as well, and the studio has quickly put together a two-for-one deal. MGM has just announced they've tapped the father/son duo to pen a modern-day update of Richard Sr.'s classic novel “The Shrinking Man,” which was written under atomic-bomb paranoia and followed a man slowly shrunk by radiation. Described as an “existential action movie,” the elder Matheson also noted the base reasons for remaking the film. “My original story was a metaphor for how man's place in the world was diminishing, »

- Charlie Schmidlin

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