The late Gunnar Hansen as Leatherface in the original Texas Chain Saw Massacre (Vortex Inc.)

It looks like the “saw” is going to be “buzzing” once again…

Last year, it was announced that Legendary Pictures had in the midst of securing the rights to The Texas Chainsaw Massacre from original co-creator Kim Henkel, who also wrote and directed what many call the worst installment of the franchise, Texas Chainsaw Massacre: The Next Generation, in 1994.

It was announced today that since that news, some very interesting news has popped up. The first is that Legendary Pictures has closed the deal and now have the rights to the franchise, with the possibility of both a new film and television series. However, the news has come up that a new Chainsaw film is in fact being developed and while Henkel will serve as executive producer, the film is being produced by Fede Alvarez, who helmed the critically acclaimed remake of the iconic Evil Dead in 2013 and followed it up with the surprising Don’t Breathe in 2016.

Alvarez will NOT be directing the new Chainsaw, but he is looking for someone who will be deemed worthy of bringing the “saw” back to life. However, while there is no official plot details, rumors are emerging that the new Chainsaw will be a direct sequel to the 1974 film to be done a la Halloween. How this will be done will prove to be quite insane, considering that Millennium’s 2013 film Texas Chainsaw 3D served as a direct sequel with their 2017 prequel Leatherface, in which Henkel retrieved the rights before that film’s release. In addition, original star Marilyn Burns passed away in 2014.

More as this develops…

H/T: Bloody Disgusting