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MOVIES: I Know What You Did Last Summer - Being Rebooted

Thanks to Boris for the heads up.

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 co-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.
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