As a modern master of horror, Jason Blum has set his sights on reviving Scream and I Know What You Did Last Summer.

Known for movie franchises like The Purge and Paranormal Activity, Blumhouse is also responsible for the Oscar-winning Get Out and the recent reboot of Halloween. After tackling Michael Myers, Blum now hopes to reinvent Ghostface and "The Fisherman" for a new generation.

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Speaking to Forbes, Blum revealed that he has eyed the two '90s slashers in particular. When asked about a recent post on Twitter where he said he'd like the rights to Scream and I Know What You Did Last Summer, Blum told the site, "I would like to do both of them, but it's a rights situation with all those movies. It's very tangled and very complicated. It's one thing to say you want to do them and it's a whole other thing to get to actually do it.

Scream first hit theaters in 1996 and followed a sleepy American town that was rocked by a series of grisly murders. Notorious for it's big twist, it spawned a series of sequels and rounded off a quadrilogy with Scream 4 in 2011. In contrast, I Know What You Did Last Summer was released in 1997 and famously starred the likes of Sarah Michelle Gellar and Freddie Prinze Jr. before the franchise bowed out with a straight-to-DVD threequel in 2006.

This year's Halloween is a direct sequel set 40 years after John Carpenter's original, meaning Scream and I Know What You Did Last Summer could ditch some of their forgettable sequels and start afresh. Blum also admitted that the road to David Gordon Green's Halloween was a long one.

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"To give you some idea, Halloween was in the works with us for four or five years before it evolved," said Blum. "There are business obstacles to cross but, in theory, if you said to me, 'Would you like to do a Scream movie?' My answer would be, 'Of course.' Sadly it doesn't work like that."

Even though MTV is currently working on Season 3 of a Scream TV series, the small screen counterpart has failed to live up to the hype of the movies. However, with the show ongoing, it is this kind of rights complication that means such reboots may be hard to get off the ground.