In the nearly four decades since the first live-action film starring Brigitte Nielsen and Arnold Schwarzenegger

Another adaptation of Dynamite Entertainment's "Red Sonja" has failed to materialize in Hollywood

Robert Rodriguez once had a vision that included Rose McGowan in the titular role

Typically, it's three strikes and you're out. But in this case, the fourth time appears to be the charm

Lutz will be joined by "Sex/Life" and "Batwoman" star Wallis Day as Sonja's wicked half-sister Annisia

Plot details are currently being kept under wraps, but Bassett did express her excitement to adapt the sword-and-sorcery tale

 "I've wanted to make a Red Sonja movie since I was a teenager