The Last Airbender 2 with M. Night Shyamalan
Oh no, apparently it may be happening, or at least M. Night is pushing for it.
And there's an article about various stuff about how a lot of the problems (the racebending of the cast) weren't his fault, and the 'horrible budget' (?! It was 150 million!) made him cut a lot he wanted... but to me that still leaves the fact that the visual storytelling and method of doing the bending was lousy, and added all kinds of plot holes, and the direction of characters (like dour Souka and Katara not having much to do) which was on his head, plus the narration of entire relationships.
M. Night Shyamalan reacts to the criticism :
He explained his motives behind his own interpretation of the series that clearly was below the expectation of regular audiences.He said, "It's really weird because on the show the average age was, like, nine-years-old... My child was nine-years-old. So you could make it one of two ways. You could make it for that same audience, which is what I did -- for nine and 10-year-olds -- or you could do the Transformers version and have Megan Fox. I didn't do that... Those kids, it's for them. It was for them, to talk about mysticism and Eastern philosophies through a 10-year-old's vernacular."
He added that creating a kid's show into a mature, adult-oriented film would be like "a betrayal of the innocence of the piece".
Personally I think he thinks 'for 9-10 year olds' means 'it's ok to be sloppy,' because that doesn't line up with the complaints I heard at all.
I'm pretty shocked they're still doing this, I expect heavy anti-hype.