The plan is to contemporize the storyline for a 3D film that would be scripted by Stephen Susco ("The Grudge"). Carl Mazzocone, Mark Burg and Oren Koules will be the producers.
Deals had been made on a per-pic basis with "Chainsaw" rights-holders Bob Kuhn and Kim Henkel, the latter of whom wrote the original 1974 pic with director Tobe Hooper. Talks fell apart with Platinum Dunes. The Twisted Pictures deal is for multiple films, sources said...says Variety HERE.