Dire Bare
Legend
The Sci-Fi channel recently tried to do a Flash Gordon reboot, and it was not very successful. The point I need to make is, not all franchises can handle a "reboot", nor should all older properties be "re-imagined".
I don't think the franchise itself has anything to do with it -- rather, it is the talent of the creator and their ability to extract the core concepts, and the commitment of the producers to keep the quality of the stories high.
I'll agree with Murph here. It's not that the Flash Gordon property wasn't a good choice for a reimagining, but rather that it was done so poorly. SciFi's (or SyFy's now, I guess) Flash tv show failed because it sucked, not because Flash Gordon isn't relevant anymore. I can't tell you how excited I was for that show, and then was just stunned at how bad it was . . . not even "fun" bad, but fall asleep on the couch bad . . .