Twentieth Century Fox has secured the rights to Flash Gordon from Hearst Entertainment, with John Davis producing and Star Trek 3 scribes J.D. Payne and Patrick McKay. First published 80 years ago in a sci-fi adventure comic strip from Alex Raymond, the title hero is a handsome athlete and Yale grad who rockets to the planet Mongo with his faithful companions to put a stop to the evil ruler, Ming the Merciless. George Nolfi penned a treatment of the reboot and is now on board as producer. Hit the jump for more.