That movie, which was directed by and starred Ron Howard (left), is said to be the source of a legal settlement in which Rockstar supposedly agreed to never make a Grand Theft Auto film as long as Fox never makes a video game based on Howard's work. nope
In other words, Finke claims that Rockstar has the rights to the Grand Theft Auto game series, while Fox holds the rights for the entirely unrelated, but identically named Grand Theft Auto movie.
The most recent Grand Theft Auto game, Grand Theft Auto IV (PS3, 360), debuted in late April and pulled in $500 million during its first week at retail. It has since sold over 8.5 million units worldwide.
Though a remake of that unrelated film has been planned for years, the game's success has apparently had no impact on its mired production. "They are nowhere on the script," said a source. "It has been one of 400 development projects for several years."
Thanks to orgcaptainnemo for the tip.