I KNOW WHAT YOU DID LAST SUMMER Getting The Remake Treatment

It was inevitable.  Sony is restarting the I KNOW WHAT YOU DID LAST SUMMER franchise.  Word is that this remake will try to stick closer to the novel by Lois Duncan -- and honestly, that might make for one boring movie.  It actually has Lifetime movie-of-the-week written all over it.  Hopefully they can find some middle ground between the novel and the original movie.
Sony Pictures is rebooting I Know What You Did Last Summer, the 1997 horror flick that ended up grossing $125M worldwide and spawned a sequel the following year. Both starred Jennifer Love Hewitt. This one is being written by Oculus c0-writer/director Mike Flanagan and partner Jeff Howard who are adapting the 1973 Lois Duncan book again. Producing is Neal Moritz (Fast and Furious franchise) who also produced the original 17 years ago. If the budget is kept tight for the revamp of the popular horror movie about friends being stalked by a killer after conspiring to cover up a fatal car accident, it could be a very profitable venture for the studio.
Source: Deadline 
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