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In the 1990s, Die Hard writer and action movie legend Steven E. de Souza wrote two drafts of a Flash Gordon script with Breck Eisner planning to direct, but it was never produced.
In Oct. 2018 it was announced that Julius Avery, Director of the of the Nazis/zombies flick Overlord, was in line to write and direct this remake. Avery replaced Matthew Vaughn, who had been attached to it since 2015. Vaughn will now produce, alongside John Davis. Avery's script replaces one by Mark Protosevich, which in turn replaced one by JD Payne and Patrick McKay.
As of Oct. 2018, there is no word on when 20th Century Fox is lining up the Flash Gordon remake for release. Director Julius Avery has a couple of other projects lined up at the moment, and it's not clear where this one falls on his priority list.
In March 2019, Borys Kit of the Hollywood Reporter tweeted that the status of this remake is unknown due to Disney purchasing Fox, who owned the rights to the property.