Raithnor said:
MovieBob had a article on this around the time the Prince of Persia movie came it. His main point was "If you have to strip everything out that makes the property distinctive, you might as well make a generic genre movie."
But you don't have to strip anything out of the movie, you just need to decide how much to focus on.
Taking Chun Li, your main points to include are:
That Dress
Strong Legs
Athleticism
Her Father
Bison (Possibly Vega)
Policework
China
Redemption overcoming her keeping everyone away.
And "Ya-tta!"
That's not tough, and you could fit a Road-Movie, a Horror, a Musical or a Sit-Com around that.
But you HAVE to keep that layer in, or it's not Chun-Li. You could get away with never showing the Spinning Bird Kick, Kiuoken or Hundred Foot Kick.
With Blanka, it's even easier: Brazil, Green, Orange Hair, Bracelet, Mom, Electric, Growl, Roll.
Now, look at how
District 9 gave us a wimpy South-Efrican clerk,
Up gave us a depressed old guy and made us cheer for them.
I'm saying Street Fighter could work. Could be a blockbuster. And could still be palatable to fans.
But it has to start off by ignoring the huge restrictions that Hollywood put on it, and I believe that MovieBob will list them this coming week.