John Carpenter's cult 1988 film They Live is getting the remake treatment from Universal and studio-based Strike Entertainment, which are in negotiations to acquire the film rights with rights holder Les Mougins, according to The Hollywood Reporter.

The original film, part sci-fi thriller and part social satire, told the story of a down-on-his-luck construction worker (Roddy Piper) who discovers glasses that let him see aliens walking among us and controlling humanity. The man races against the clock to find a way to stop them.

Strike's Marc Abraham and Eric Newman will produce, while Shep Gordon of Les Mougins and Carpenter will serve as executive producers.

Gordon, an entrepreneur and music impresario who worked with Alice Cooper and Blondie, holds the rights, having financed the film as part of a multi-picture deal with Carpenter that also included Prince of Darkness and Village of the Damned. Universal distributed the film as part of an output deal Gordon constructed.

Strike had success in the remake arena with 2004's update of Dawn of the Dead. Strike is also working on a remake of Carpenter's The Thing, which was penned by Battlestar Galactica head-honcho Ron Moore.