Complex sentence: A reboot produced by Warner Bros. Pictures and Legendary Pictures and the second film in Legendary's Godzilla-Kong cinematic universe set to be released on March 10,2017 which will feature a "new, distinct timeline" and will take place in Detroit in 1971.
Split into simpler sentences: A reboot produced by Warner Bros. Pictures and Legendary Pictures and the second film in Legendary's Godzilla-Kong cinematic universe is set to be released on March 10,2017. It will feature a "new, distinct timeline" and will take place in Detroit in 1971.