What in the purple, spandex hell is going on here? According to the Associated Press, a sequel is being developed to the 1996 comic book movie, The Phantom. I seriously blanked this adaptation from my memory. It left a scar on my childhood movie experience.

More disturbing details after the jump.

An Australian production company on Monday announced it had secured the rights to “The Phantom Legacy,” a follow-up to the 1996 film, “The Phantom,” which starred Billy Zane as the masked hero who fights evil from his jungle headquarters.

The latest adaptation, which is expected to cost $87 million, will focus on “the Father/Son relationship, and what it means to be The Phantom,” scriptwriter Tim Boyle said in a statement. “The film will be set in the present day and will deal with the concept of destiny.”

What?! It will deal with the concept of destiny? Hmm, I haven’t seen that before, Spiderman, Superman, Batman, X-Men, Blade, Hulk, Iron Man, I could go on for days. What superhero doesn’t struggle with their “destiny.” Sigh.