Timbaland to Update the Bee Gees

Say it ain't so! It's being reported that American Idol's own Simon Cowell wants to remake the classic 70s film "Saturday Night Live" and is looking to buy the rights as soon as possible. He wants to cast Zac Efron in the lead John Travolta character and is tapping none other than Timbaland to produce the movie soundtrack which is one of the most successful soundtracks of all time staying atop the charts for a staggering 24 weeks.

A source says "Simon has been looking into buying the rights for years and opened discussions with Robert about the remake. The charm offensive has been in full swing and they made a breakthrough over the last couple of weeks. Robert was keen to get some assurances the original wouldn't be completely butchered before he agreed to the deal. Simon has been drawing up a list of people he wants to get involved. When that meets Robert's expectations, the contracts will be signed."

Now take this news with a BIG grain of salt as it is being reported by the UK tabloaid (I stress tabloaid) The Sun

Stay tuned!