According to Variety , Sherlock Holmes will be reimagined as an action-adventure sleuth and kick-start a new movie franchise.

The intent is for the filmmakers to "reinvent the sleuth and his loyal No. 2 Dr. Watson in much the same edgy way that Christopher Nolan has reimagined Batman for Warners."

Among the changes, Holmes will lose some of his Victorian stuffiness and will become more adventuresome, playing up his skills as a bare-knuckle boxer and expert swordsman as he goes about solving crimes.

Hmmm....bare-knuckle boxer updates the character? I wonder why they aren't playing up the junkie angle?