Source: YouTube

Jason Blum is known for low-budget horror hits, and just scored a deal with Lionsgate to reimagine several horror classics.  His production company, Blumhouse, is behind the Paranormal Activity and Purge franchises, so they are in good hands. The multi-picture deal will start with 1999’s The Blair Witch Project. Not much is known about plot details yet, but they promise a “new vision for Blair Witch that will reintroduce this horror classic for a new generation.”

The original was made on a shoestring budget and went on to gross $248 million.