The studio signed an agreement with WWE Studios to reboot the horror flick â€œLeprechaun.â€
The 1993 film was the first starring role for Jennifer Aniston and it had Warwick Davis as the murdering leprechaun.
It spawned a long-running horror franchise of six films, including â€œLeprechaun in the Hood,â€ â€œLeprechaun: Back 2 tha Hoodâ€ and even â€œLeprechaun 4: In Space.â€
Lionsgate and WWE Studios will share the production and marketing costs for the film and Lionsgate will handle the distribution.
â€œWe have been looking for ways to continue our relationship with Lionsgate and we saw â€˜Leprechaunâ€™ as the perfect opportunity to take a well-known franchise and put a modern-day spin on it,â€ said WWE Studios head Michael Luisi to Variety.
The project does not currently have a writer, director or cast. But, the studios set to release the film in theaters sometime in 2013.
Personally, if any franchise that calls for a rebootâ€”it may be for this one. My memory of watching â€œLeprechaunâ€ back then was walking out of the theater yelling, â€œWhereâ€™s me six dollars!?!â€