What is the story about?
What's Happening?
Jason Blum, the head of Blumhouse Productions, is actively pursuing the acquisition of major horror franchises, specifically 'Friday the 13th' and 'A Nightmare on Elm Street'. Blumhouse has already established itself as a powerhouse in the horror genre with successful franchises like 'Paranormal Activity', 'Insidious', and 'The Purge'. Recently, Blumhouse revived the 'Halloween' series with a trilogy and has taken on 'The Exorcist'. Despite losing the rights to 'Halloween', Blum remains interested in continuing the series. Additionally, Blumhouse was in contention for 'The Texas Chainsaw Massacre', though A24 secured the rights. The 'Friday the 13th' franchise is seeing renewed interest with a prequel series titled 'Crystal Lake' in development by A24 and Peacock, and a new film reportedly in the works.
Why It's Important?
The pursuit of these iconic horror franchises by Blumhouse signifies a strategic expansion in the horror film industry. Acquiring 'Friday the 13th' and 'A Nightmare on Elm Street' could solidify Blumhouse's dominance in the genre, potentially leading to new films and series that could attract both nostalgic fans and new audiences. This move could also influence the competitive landscape of horror film production, as other studios may seek to revive or create new horror properties to compete. For fans, this could mean a resurgence of classic horror themes and characters, revitalized with modern storytelling techniques.
What's Next?
As Blumhouse continues its efforts to acquire these franchises, the industry will be watching closely to see if they succeed. Should Blumhouse secure the rights, fans can expect announcements of new projects, possibly including films or series that expand on the existing lore of these franchises. The outcome of these pursuits could also impact the strategies of other production companies in the horror genre, potentially leading to a wave of new horror content in the coming years.
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