Here's what Gary Barber had to say about the new trilogy in a statement.
"We couldn't be more excited to once again partner with Roland and Dean, the world-class creators of the original Stargate, to bring their reinvigorated vision of this wildly popular property to audiences of multiple generations. Stargate is one of the biggest titles in MGM's vast library, and we look forward to adding this great franchise to our slate."
Roland Emmerich and Dean Devlin had this to say in their joint statement.
"The Stargate universe is one that we missed terribly, and we cannot wait to get going on imagining new adventures and situations for the trilogy. This story is very close to our hearts, and getting the chance to revisit this world is in many ways like a long lost child that has found its way back home."
MGM will be running production on Stargate, with Jonathan Glickman, President, Motion Picture Group overseeing the project on behalf of MGM and Greg Silverman, President, Creative Development and Worldwide Production, overseeing for Warner Bros. Pictures. Worldwide distribution will be handled by Warner Bros. Pictures, with select international territories to be handled by MGM.
Jonathan Glickman had this to say in his statement.
"For us at MGM, there was no version of us further developing the Stargate franchise without Roland and Dean at the creative helm. This is their baby, and we cannot wait to bring their reenergized universe to the legions of fans around the world."
Greg Silverman also released his own statement.
"Stargate created an expansive cinematic universe that has engaged fans for two decades. Under the guidance of Roland and Dean, these new films will build upon the creativity and popularity of the first film, while delivering an original film-going experience for fans and those new to the franchise."
The sci-fi film Stargate launched a worldwide phenomenon. At the time of its release, the film set the record for the highest-grossing opening weekend in October and went on to gross nearly $200 million worldwide at the box office.
Emmerich is currently shooting Stonewall, a drama about a young man's political awakening amid the 1969 Stonewall Riots in New York, which sparked a fight for equality and paved the way for the modern gay rights movement. He is also in pre-production on ID Forever - Part 1 and ID Forever - Part 2, back-to-back sequels to his hit film, Independence Day.
Devlin is currently in pre-production on Geostorm, his feature directorial debut, which he co-wrote with Paul Guyot and is producing for Warner Bros. with Skydance Pictures' David Ellison and Dana Goldberg and his Electric Entertainment team of Marc Roskin and Rachel Olschan.
Stargate comes to theaters in 2017.