What a cliffhanger this is turning out to be. The Cliffhanger reboot, which has been stuck on a ledge following Row K’s woes, is heading towards a new domestic home and that home could be Tom Quinn’s Neon.

Rumor on the street is that the film could be a prized title for a revamped version of Neon’s label Decal, which has acquired multiple films to date but nothing at this level. It’s understood that Row K would remain part of the film’s release.

Decal is the label that used to be run by Neon and Bleecker but the latter quietly divested last year. Should the pact go through it would mark an interesting new direction for one of the industry’s most respected and focused distributors, which to date has specialised in high-end arthouse and genre movies, many of which are awards darlings and/or break out at the box office.

There are multiple other U.S. suitors for Cliffhanger and one of those could yet still win out, but we understand Neon is in pole position and has been for a while.

Pierce Brosnan and Lily James star in the movie, which was initially picked up by Row K in an eight-figure deal last year. Then Row K hit choppy waters and the plan for the movie has had to change.

The reimagining of the 1993 classic, directed by Jaume Collet-Serra (Carry-On), was being lined for a 3,000 screen stateside theatrical release in 2026 from Row K. 

The film will follow a seasoned mountaineer, Ray Cooper (Brosnan), who operates a luxury chalet in the Dolomites with his daughter, Sydney. During a weekend trip with a billionaire’s son, they are targeted by a gang of kidnappers. Ray’s other daughter Naomi (James), still haunted by a past climbing accident, witnesses the attack and escapes. To save her family, she must confront her fears and fight for survival. 

The pic is written by Ana Lily Amirpour, Sascha Penn, Mark Bianculli and Melanie Toast. Producers include Lars Sylvest of Thank You Pictures, Joe Neurauter of Supernix, Thorsten Schumacher of Rocket Science, and Neal Moritz and Toby Jaffe.