Warners Bros. Pictures and producer Dan Lin (upcoming Sherlock Holmes) are in early development on a a reboot of "Tomb Raider," the popular video game action franchise featuring Lara Croft.

Paramount previously made the two movies based on the game, but the rights have since reverted to Eidos. When Time Warner upped its stake to 19.92% in Eidos in December, films rights to the property were included as part of the deal.

Lin will produce the project via his Lin Pictures while Stephen Gilchrist will co-produce; Ian Livingstone of Eidos will executive produce.

The new project, however, is expected to revamp the character and her mission and bear little resemblance to the original pictures. It will reimagine the origins of the character, her love interest and the main villain.

As an open-writing assignment, the project is still in its nascent stages. An actress who could play the role Angelina Jolie made famous would likely come on after a writer and director are attached.