Worst day of your life?
You must have a truly charmed existence.
Seriously, though, they're making it because they can, and because nobody trusts new ideas in Hollywood, when they can wheel out a known winner instead and revamp it for a new generation of moviegoers.
They're remaking
Fame for the High School Musical market. Same story.
At least the new Karate Kid movie has Jackie Chan in it (despite the fact that he's Chinese, and Karate is a Japanese martial art, but we won't go into that).
Pete