Shakespeare already is written in Modern English though. What is the point in updating Shakespeare so the language is flat and uninteresting?
Yeah, I couldn't care less about the quota business, but this entire project is blatant and brazen cultural murder.
Really. What’s the point of watching a 500-year old entertainment piece if it is stripped of everything anachronistic?
It wasn't anachronistic when written. I suppose you didn't care for the 1995 film version of Richard III? Making a old story relevant to the current era can be good, tho merely updating Shakespeare from Early Modern English to Colloquial English does seem a waste of effort to me as well. However, just because it doesn't go as far as Ran or West Side Story in reimagining Shakespeare doesn't necessarily mean it's bad.