Fox and Keanu making Cowboy Bebop film

According to the Hollywood Reporter, Twentieth Century Fox is moving forward with its live action adaptation of the anime series Cowboy Bebop with Keanu Reeves.

The series, which ran on Tokyo TV in 1998-99 and debuted on Cartoon Network in 2001, follows a series of spacefaring bounty hunters, including Spike Spiegel, Jet Black, Faye Valentine, Ed and Ein. Bebop also spawned an animated film in 2001. The movie made its way stateside in the summer of 2003, picking up approximately $1 million, although its release never expanded past 29 theaters.

Rumors about a live action adaptation have been swirling since last summer, but this is the first time concrete details have emerged.

This is what we know:

• Peter Craig--about whom I can find very little information--is writing the script.
• Reeves is set to play Spike.
  
• Reeves' longtime manager, Erwin Stoff, is producing through 3 Arts Entertainment. Joshua Long is executive producer.
• Key members of the production staff from the original series will serve as associate producers, including Sunrise president Kenji Uchida, director Shinichiro Watanabe and writer Keiko Nobumoto.
• Original series producer Masahiko Minami will serve as production consultant.