Here's a great explanation of what went wrong with this interpretation.
Alot of people say "don't compare the two", or something about the new one being a re-imagined version. The problem is that this version can't seem to figure out which one it wants to be, a remake or a re-imagined version, so it kinda falls somewhere in the middle and fails at both. This article sums up perfectly what went wrong when they made this version:
http://www.vox.com/culture/2016/10/20/13317664/fox-rocky-horror-picture-show-review-laverne-cox