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Blumhouse Eyes ‘Saw’ Franchise: Horror’s Next Big Revival?

Date:

Takeaways:

  • Blumhouse is in advanced talks to acquire the Saw franchise from Twisted Pictures.
  • A deal would give original director James Wan partial ownership of the franchise.
  • Talks had previously stalled over price disagreements but are now progressing.
  • Saw X was the most recent installment, and future projects could include films or a series.
  • This move reflects a growing trend of creators regaining control of their IPs.

Blumhouse Set to Acquire Iconic Saw Franchise

In a potential power move that could reshape horror cinema, Blumhouse Productions is back in active talks to acquire the Saw franchise from Twisted Pictures. If successful, the deal would bring the billion-dollar horror series under the same roof as other genre powerhouses like The Conjuring, Insidious, and Paranormal Activity.

Even more compelling? It would also return co-creator and original director James Wan to partial ownership of the franchise that launched his career.

The Return of the Masterminds

James Wan, along with longtime collaborator Leigh Whannell, kickstarted the Saw phenomenon in 2004 with a gritty, low-budget thriller that became an unexpected global hit. Produced for just $1.2 million, the first Saw raked in $104 million worldwide and transformed into a multimedia empire spanning 10 films, video games, merchandise, and a devoted fanbase.

Now, with Blumhouse merging with Wan’s Atomic Monster in January 2024, the opportunity to reclaim his creation is not just symbolic — it’s strategic.

James Wan’s storytelling helped redefine modern horror,” said a producer familiar with the matter. “Bringing Saw back into his creative orbit could reignite interest from both fans and the industry.


A Deal Years in the Making

Talks between Blumhouse and Twisted Pictures (run by Oren Koules and Mark Burg) have been on and off for over a year. But recent developments indicate the deal may finally be close to sealing — with both sides reportedly softening their positions on valuation.

Twisted Pictures, along with Lionsgate, has co-owned the rights to the franchise since the original’s release. While Lionsgate distributed all ten films, it’s Twisted Pictures that financed much of the series and played a pivotal role in discovering Wan and Whannell through their original short film.


Why This Deal Matters to the Industry

This potential acquisition reflects a broader shift in the entertainment industry — one where creators are regaining control over their intellectual property. From Taylor Swift re-recording her masters to filmmakers securing rights to their franchises, creatives are leveraging ownership as a means to unlock long-term value and creative freedom.

For industry professionals, this trend signals a larger opportunity: as IP becomes more valuable in the streaming era, content creators at all levels are increasingly seen as long-term brand builders — not just hired hands.

What this means for entertainment professionals:

  • Actors: More continuity and vision from original creators often means deeper, more compelling roles.
  • Writers/Directors: Increased demand for franchises with consistent creative leadership.
  • Producers/Executives: A chance to align with IP-holders from the start of development.

What’s Next for Saw?

The most recent film in the franchise, Saw X, premiered in 2023 and received solid box office and fan reception. Though an 11th installment had been rumored, production stalled amid uncertainty over rights and direction.

If the acquisition is finalized, the Saw universe could expand in multiple directions:

  • New theatrical installments
  • A streaming series (potentially tapping into episodic storytelling)
  • Spin-offs exploring iconic characters like Jigsaw
  • Fresh merchandising and interactive media opportunities

With Blumhouse’s track record of revitalizing franchises — including Halloween and The Exorcist — fans and professionals alike should be watching closely.


Final Thoughts

For the entertainment industry, this move is more than just corporate restructuring. It’s a testament to the enduring power of horror IPs and the growing influence of creators in shaping their legacies. Whether you’re an actor looking for your breakout horror role or a filmmaker eager to work on a cult classic, the Saw franchise may soon be more alive — and accessible — than ever.

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Jonathan Browne
Jonathan Brownehttps://www.projectcasting.com
Jonathan Browne is the dynamic CEO and Founder of Project Casting, a pioneering platform in the entertainment industry that bridges the gap between talent and production companies. With a rich background in business development and digital marketing, Jonathan has been instrumental in revolutionizing the casting process, making it more accessible and efficient for both aspiring talents and seasoned professionals.

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