LOS ANGELES  - The production company behind the Sandra Bullock hit "The Blind Side" is looking to bring the world of "Blade Runner" back to the big screen.

The 1982 cult classic, directed by Ridley Scott and starring Harrison Ford, was set in a future where man has created clones called replicants who are used for dangerous work. When they rebel on a space colony, replicants are banned and hunted down.

Alcon Entertainment is in final negotiations to acquire the prequel and sequel rights from Bud Yorkin, who was an executive producer on the original film. He will serve as a producer on any new projects.

Alcon acknowledged that it had a beloved movie property on its hands and promised to be mindful of that fact.

"This is a major acquisition for our company, and a personal favorite film for both of us," company principals Andrew Kosove and Broderick Johnson said in a statement.

"We recognize the responsibility we have to do justice to the memory of the original with any prequel or sequel we produce. We have long-term goals for the franchise, and are exploring multi-platform concepts, not just limiting ourselves to one medium only."

Warner Bros.-based Alcon is funded by FedEx founder Fred Smith. Its biggest hit was the 2009 film "The Blind Side" for which Bullock received an Oscar.