I KNOW WHAT YOU DID LAST SUMMER REBOOT IN THE WORKS
Oculus' Mike Flanagan co-scripting.
15 SEP 2014 BY JIM VEJVODA
Sony is developing a reboot of
I Know What You Did Last Summer, the 1997 slasher thriller based on the 1973 novel of the same name about four friends stalked by a mysterious killer after they cover up a fatal accident.
Deadline reports that Oculus co-writer/director Mike Flanagan and his partner Jeff Howard are scripting the reboot for producer
Neal Moritz, who also produced the original movie and its 1998 sequel, I Still Know What You Did Last Summer.
"The remake is somewhat of a safe bet for Sony — a proven title that can be cast on the cheap and done on a lower budget," the site observes.
http://www.ign.com/articles/2014/09/16/i-know-what-you-did-last-summer-reboot-in-the-works