Fifth Element
Legend
Do you consider The Wiz to be true to the original? For whatever value of "the original" you prefer?I apologize if I misrepresented your position; that certainly wasn't my intention. You asked why it should be true to the original, and I interpreted that as the money grab using the name as I described. My bad, I guess?
If you do, then your definition of "true to the original" is broad enough that I have no objection, and it's an example of why you might make a new adaptation that is true to the original - that is, giving the story a new twist, telling it through a different lens.
If you do not, then it's an example of why you might make a new adaptation that is not true to the original - that is, being made for a different audience, because the original might not speak to that audience.