‘Texas Chainsaw Massacre’ Rights Up for Grabs, Sending Hollywood Foaming

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A well-known intellectual property’s rights are now available for purchase, generating significant attention from creators and production companies.

A day after it emerged that WME was looking to sell the rights for ‘Jason Bourne’ and titles belonging to the Robert Ludlum estate, news surfaces that the rights for the respected ‘Texas Chainsaw Massacre’ horror series are also up for grabs.

Following the announcement that WME was seeking to acquire the rights to ‘Jason Bourne’ and titles from the Robert Ludlum estate, it has been disclosed that the rights to the renowned ‘Texas Chainsaw Massacre’ horror series are also up for grabs.

As a gamer, I’m really buzzing with excitement about this new project, but things are still up in the air regarding who’s on board and where it’s heading. However, rumors are swirling that Texas heartthrob Glen Powell might be involved, which has folks speculating about an all-out brawl for roles!

Since 2017, Legendary Pictures had owned the rights to the property and produced a film in 2022, which was streamed on Netflix. However, a sequel failed to materialize as anticipated. The IP has since been reclaimed by its original holders, with speculation pointing towards the son of Kim Henkel, one of the co-screenwriters from the original movie, being part of this group. Subsequently, they approached their representative at the boutique agency Verve.

As of now, there’s no intense competition or bidding among parties because neither a deal nor a proposal has been put forth regarding the material. However, there’s significant interest, with several players considering potential offers. One group that’s been mentioned is a collaboration between actor Powell, director J.T. Molner of the film Strange Darling, and producer Roy Lee. Another name brought up is director Andy Muschietti, who worked on It.

The 1974 film, a classic within its genre, continues to hold significance. The plot revolved around a band of companions who stumble upon a clan of cannibals, among them the infamous chainsaw-wielding psychopath called Leatherface. The graphic violence was another key point – it sparked bans in certain regions and nations. Additionally, the financial aspect is noteworthy; with a production cost under $300,000, director Tobe Hooper created one of the most financially successful movies ever, earning over $31 million at the global box office.

The strong demand for Texas Chainsaw illustrates the worth of intellectual property not controlled by a media corporation. Additionally, it demonstrates that the horror genre continues to captivate audiences on both large and small screens. This year, there was intense competition among studios to acquire Resident Evil, another horror title that temporarily became available before being secured by Sony.

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2025-03-22 01:24