For Unknown Reasons, Sony Is Rebooting “I Know What You Did Last Summer”

Sony has decided that it is a good idea to reboot "I Know What You Did Last Summer" for some unknown reason.

Image via hotflick.net

Way back in 1997, I Know What You Did Last Summer became a huge hit that spawned a sequel and made all of its leads (Jennifer Love Hewitt, Sarah Michelle Gellar, Ryan Phillippe, and Freddie Prinze, Jr.) into household names. For some reason, Sony thinks the time is right to recapture the magic.

Oculus writer and director Mike Flanagan will helm the project, producing alongside Neal Moritz (who also worked on the original movie and more recently has been involved with the Fast and the Furious franchise). Flanagan is familiar with stretching small budget movies into highly-profitable enterprises, having grossed $40 million with Oculus on a reported budget of $5 million.

Odds that this movie does well are about as good as those for a Freddie Prinze, Jr. career revival.

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[via Deadline]

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