The original 1974 horror classic, The Texas Chainsaw Massacre, remains a pivotal horror achievement directed by Tobe Hopper with a budget of $300,000. The film opened Leatherface to the slasher family and grossed over $31 million.
Recently, WME was shopping the rights of the Jason Bourne franchise from the Robert Ludlum estate as the rights to The Texas Chainsaw Massacre went up in the air just a day later. There have been rumors that Texas native Glen Powell might become involved as several other studios have shown interest in the horror saga. The IP has since returned to its owner, Exurbia Pictures.
While it is still too early to determine which studio will pick up The Texas Chainsaw Massacre, some potential buyers have claimed how they want a “free for all.” Legendary pictures used to hold the right to The Texas Chainsaw Massacre since 2017, even making a Netflix sequel in 2022, but has not made any new entries since.
There are some rumors that detail how Strange Darling filmmakers JT Molner and Roy Lee might get involved, or even It filmmaker Andy Muschietti.
The high profile of the rights concerning The Texas Chainsaw Massacre has underscored the idea of how IP has not been locking down with a film company. This also shows how much horror is such a hot topic whether it be in theaters or streaming apps at home, especially the process with the media studios trying to gain the rights to a classic 1974 slasher picture.
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