Rocky Horror Picture Show remake in the works

[Raph's Girl]

British satellite broadcaster BSkyB's Sky Movies network has confirmed that it will co-finance MTV's remake of The Rocky Horror Picture Show and that the film will premiere exclusively in the United Kingdom on Sky Movies before becoming available on the video-on-demand services Sky Player and Sky Anytime, Variety reported.

Why?! Why remake such a classic?! WTF MTV?! What the bloody frak?!?!