While we’ve all come to expect truly terrible made-for-TV movies with hilariously intuitive titles from the SyFy cable network (ones with names like Aztec Rex, Dinoshark, Flu Bird Horror, Mega Python vs. Gatoroid, Jersey Shore Shark Attack, and Yeti: Curse of the Snow Demon, wonders all), the NBC Universal-owned channel is now interested in lowering their standards (almost unfathomably) even further. Forbes reports (via ComingSoon) that SyFy is now looking to push “into the movie business — and that it may even remake Waterworld, one of the most notorious Hollywood bombs of all time.” Let’s take this time to remind everyone that it is November 27th, not April 1st. This is not a joke.

The outlet adds that the network “has been looking for a way into film for years, ever since NBC merged with Vivendi Universal Entertainment in 2004. That marriage provided Syfy — known as Sci Fi Channel until a 2009 brand makeover — with access to Universal Pictures’ vast trove of intellectual property.” Obviously, of all the Universal titles available to SyFy, the one that makes the most sense for them to remake is Waterworld. Clearly. Let’s most definitely use the vast coffers of SyFy, a network known around the world for their top-notch effects work and huge budgets to remake a film that was, at one time, the most expensive movie ever made and one that still reigns as one of the biggest flops in modern movie history. Yes, SyFy, this is the one.

However, Forbes does note that the SyFy team has not simply lost their minds, and that they are approaching their possible Waterworld remake thanks to one big reason: whenever the channel shows the Kevin Costner-starring film, the viewers tune in. While that most likely has to do with natural curiosity to watch the notorious bomb, the SyFy brass seem to believe this signals “a gap in the marketplace,” one hungry for more Water-ventures.

And should that movie not happen? Well, SyFy is also looking to possibly turn their remake into a television series. Talk about turning pee into water.

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