Speaking to Entertainment Weekly recelty, Tom Hiddleston explained how Kong: Skull Island is aiming to move beyond the traditional story of King Kong. This new take on the mythology will be both spectacular and epic according to Hiddleston, while keeping certain elements true to the original. Skull Island will take place mostly in the past and will involve a group of travelers and soldiers who travel to an undisclosed location in the South Pacific. Here's an excerpt from the interview:
“I don’t want to spoil too much… But it’s a whole new re-conception of the mythology. It essentially follows a group of disparate travelers and explorers and soldiers who travel to an undiscovered island in the South Pacific. And it’s set in a time period where you could conceive that there are still undiscovered places on the earth. What they find on the island is surprising, and then every character has a very different response to it. It’s going to be spectacular and epic, but also the human drama is kind of interesting as well.”
Source: EW

Kong: Skull Island March 10th, 2017
More about Kong: Skull Island (movie)
Kong: Skull Island is a new King Kong film set in the new Legendary / Warner Brothers / Universal Pictures Kaiju cinematic universe. Acting as a blood relative and somewhat of a sequel to 2014's Godzilla, Skull Island will introduce King Kong like never before.
Official Synopsis:
In March 2017, the producers of Godzilla transport audiences to the birthplace of one of the most powerful monster myths of all in KONG: SKULL ISLAND, from Warner Bros. Pictures and Legendary Pictures.
When a scientific expedition to an uncharted island awakens titanic forces of nature, a mission of discovery becomes an explosive war between monster and man. Tom Hiddleston, Samuel L. Jackson, Brie Larson, John Goodman and John C. Reilly star in a thrilling and original new adventure that reveals the untold story of how Kong became King.
Directed by Jordan Vogt-Roberts, Kong: Skull Island's release date is March 10th, 2017.
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