In the original movie, Hawn starred as a spoiled heiress who falls overboard a yacht and forgets who she is. Russell's character, a single working class father, convinces her she is his wife. In the remake, which will be written and directed by Rob Greenberg and Bob Fisher, Derbez plays a rich playboy and Faris plays a single mother.
Faris starred in the film The House Bunny and currently stars in the CBS show Moms alongside Allison Janney. Derbez was the writer, director and star of the Mexican comedy Instructions Not Included and will star in How to be a Latin Lover alongside Salma Hayek, Rob Lowe and Kristen Bell.
Derbez will also serve as producer of Overboard along with Ben Odell. The film is being co-produced, co-financed and co-distributed by MGM and Pantelion and Lionsgate will handle domestic theatrical distribution.