Written by John Squires

It’s been over 40 years since young Regan MacNeil’s tale of demonic possession terrified the nation, and in those decades since the release of The Exorcist, countless horror films have attempted to recreate the terrifying magic of the horror classic. Few, if any, have even come close to that goal.

With Hollywood so eager to make “the next Exorcist,” it’s somewhat surprising that they haven’t yet attempted to cut out the middle man, cash in on the established brand of the title, and just flat out remake William Friedkin’s nightmarish masterpiece. But it was inevitable, and the time may be now.

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As reported by Deadline today, Morgan Creek Productions has hired a firm to sell domestic rights to nearly 100 of their library titles, though they will be holding onto the remake rights of a small handful of those properties. The Exorcist remake rights, the site notes, will stay at Morgan Creek.

I’m selling the library strictly for economic reasons,” Morgan Creek CEO Jim Robinson told the news outlet. “It will go back into the company to fund more production. We have a number of properties that we are looking to move forward on.”

When asked if The Exorcist was one of those franchises they’re looking to reboot, Robinson responded with a simple “yes,” confirming that a remake of the 1973 classic is both on the table and currently in the early stages of development. For now, that’s really all we know about this one.

You survived four decades without a remake, Exorcist. Your time is up.