EXTRA EXCLUSIVE: New Line BUYS ‘The Phantasm’ Franchise!

[color=yellow]I told you we had big news, it’s too bad the trades keep beating us to authorization! Today it was announced that New Line Cinema has acquired the remake rights to the entire Phantasm franchise and they will be making a new trilogy from the franchise! The news is slim, but guess what? We’ve got MORE. So read on for the trade news and then scroll to the bottom for the extra beef you’ll only find on Bloody-Disgusting! Post your thoughts here. Oh and guess what- we’re not done, there’s MORE coming soon! So keep your eyes peeled here at B-D…[/color]
According Hollywood Reporter:

New Line Cinema is in final negotiations with filmmaker Don Coscarelli to bring the cult horror film “Phantasm” back to the big screen. The first “Phantasm,” which Coscarelli wrote and directed, was released in 1979. It told the story of a young boy named Mike and his friends, who face off against a mysterious grave robber known as the Tall Man and his killer flying spheres. The film spawned three sequels, all of which were made by Coscarelli. Coscarelli would act as producer on the new version, in which the Tall Man travels from town to town turning the dead into his own army and using his deadly spheres against anyone who opposes him. Mike, who is developing psychic powers, and his brother try to stop him. The movie is being developed as a relaunch and as a possible trilogy about Mike’s coming of age.

Exclusive News:

We’ve been holding this news tight in our pocket for quit sometime now and it’s finally time to reveal the goods. Here’s what we can tell you:

-Obviously the spheres will be receiving a major upgrade.
– The PLAN is to keep Angus Scrimm as the Tallman, but nothing can be guaranteed yet
-This will be the “Definitive Phantasm trilogy.”
-This “will be the ‘Star Wars’ of Horror.”
-Mike “will be become the Luke Skywalker of Horror.”
-“It’s more of a re-launch than a remake.”

We’ll have more for you in the coming weeks, as well as word from Don himself!

Post your thoughts here.

Source: Hollywood Reporter