Is Someone Remaking Embrace of the Vampire?

When Embrace of the Vampire came out in 1995, it was sort of a big deal.  That is, if you were a guy eager to see Alyssa Milano get naughty and nude in a vampire thriller.  Those who lived in my apartment complex in college passed around a battered VHS copy and when it landed in my living room, a few of us watched it.  And, naturally, it was awful.

Milano starred as a college freshman who is seduced by a vampire and introduced to “carnal desires.”  

Martin Kemp starred along with Rebecca Ferratti.  Now, is it the latest horror film to get the remake treatment?