It seems the film’s writer, Jonathan R. Betuel, retains the rights to all remakes and sequels. According to Rogen, he has absolutely no interest in anything happening with the film. That’s unconfirmed, but you have to imagine pretty accurate. Especially if arguably the most powerful man in Hollywood couldn’t get the rights. - Slash Film
The Last Starfighter (1984) - "Greetings, Starfighter! You have been recruited by the Star League to defend the frontier against Xur and the Kodan Armada." So begins an adventure of galactic proportions in The Last Starfighter. After Earthling Alex (Lance Guest) conquers the Starfighter video game, he is recruited by alien Centauri (Robert Preston) to be part of an elite legion of fighters. Leaving behind his trailer park home for the outer regions of space, Alex becomes the last hope for the beleaguered Star League and hundreds of worlds – including Earth. The Last Starfighter is the ultimate video game fantasy come true!
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Is the writer crazy out of his mind? Think of the money he must be turning down.. Jeez.