We now have an answer to the question, who is going to produce and finance the remake of the Bette Davis-Joan Crawford classic Whatever Happened To Baby Jane? The answer is Lakeshore partners Tom Rosenberg and Gary Lucchesi, who’ll produce with The Aldrich Company’s Adell Aldrich. Robert Aldrich helmed the 1962 original, and as Deadline revealed during Comic-Con, Walter Hill is helming the remake.

Hill, who most recently wrapped the Sylvester Stallone-starrer Bullet To The Head, partnered with The Aldrich Company to develop the remake, which Lukas Heller adapted from the Henry Farrell novel.

Lakeshore will help Hill re-create the nightmarish relationship between two sisters in a crumbling Hollywood mansion, where former child star Jane Hudson (Davis) holds captive her crippled former movie-queen sister (Crawford). “The idea is to make a modern film without modernizing the period,” Hill told me at the time. “It needs to resonate the golden age of Hollywood.” Hill is repped by ICM Partners as is The Aldrich Company.