New Line Purchases Rights to Make New "Phantasm" Films

In even more New Line news, the studio has recently announced that they have purchased the rights to the Phantasm phranchise, and are planning to relaunch it as a possible trilogy! Reggie Bannister, star of Phantasm and all of its sequels, has been chatting with a few horror sites and has made it clear that this relaunch is certainly a relaunch-and not a remake. Damn, this week has rocked for horror! The big question now, however, is: will Angus Scrimm be reprising his role as the Tall Man?