Probably because profit is tone deaf and the previous reincarnation with Barbara Streisand & Kris Kristofferson grossed $80 million at the U.S. box office, making it the 3rd highest grossing picture of 1976.
The original was 1937, which tells you how old the story line is. I’d love to see some of the tired old stories dying at the box office. It would send a message.
Nice article and thanks for writing it. We need more voices like yours here. ❤