A retro-movie won't work for a lot of reasons, mainly money-it costs a lot of it to make a retro world. Also, those movies haven't been doing that well (King Kong and Sky Captain being prime examples.) An U.N.C.L.E. movie has to work NOW and relate to NOW, not yesterday, or nobody will care.
That doesn't make sense. Two examples don't prove that the category is to blame, since most movies in general aren't successful so if you pick any two random films out of a given category, odds are they'll both have fared poorly. There have been many successful period pieces made over the decades, not to mention successful films set in the future.
There have been recent period pieces that have done well at the box office, including Changeling and The Curious Case of Benjamin Button. Meanwhile, on TV, the '60s-based Mad Men is extremely successful and well-regarded. If a period piece can be done on a TV budget several years in a row, it's clearly absurd to claim that it's prohibitively expensive for a feature film.
And where do you get the bizarre notion that a story set in the past can't relate to the present? Ever heard of analogy or metaphor? Just to cite one of countless examples, M*A*S*H was set in the Korean War but was a pointed critique of the Vietnam War that was ongoing when it premiered.
The idea of a multinational espionage-based peace agency shouldn't be that hard to do-take a look at G.I. JOE and it's success.
Nobody said it would be hard to do. That's not what we're talking about here. Captaindemotion pointed out that, while the concept of a Russian working with an American had considerable impact and novelty at the time of the original show, it wouldn't carry the same resonance today. It would be easier to do today, and therefore less impressive. My suggestion was that if it were done as a period piece, at least the Russian-American partnership would have impact in-story, even if it wouldn't be as startling a concept to the audience.
And Mission: Impossible's success points to a good way to make U.N.C.L.E. work now-no Cold War concerns should be wrecking it.
"Wrecking?" Odd choice of words. The Cold War was the heyday of spy fiction, because the lines were so clearly drawn and the stakes so high. If anything, a lot of post-Cold War spy stories seemed to be kind of halfhearted or directionless for a while, at least until the "War on Terror" got underway. Spy fiction is most effective in an era where there are clear-cut "bad guys," at least from the perspective of the nation the fiction is made for.
These events and concerns show that The Man From U.N.C.L.E can work now.
I never said it couldn't work now; I merely offered a period approach as a suggestion. Offering one suggestion is not meant to exclude all other possibilities. Obviously there are many ways the film could be approached.