The "Puppet Master" franchise will live again as "Transformers" producer Lorenzo di Bonaventura is set to revive the franchise for a new generation. The new film, currently called "Puppet Master: The Little Reich," will relaunch the series to take new audiences on a journey of horror and puppetry.

According to Variety, "Puppet Master: The Little Reich" will follow the journey of recently a divorced man who discovers a mint condition Blade doll in his deceased brother’s closet. The man travels to a toy convention in Oregon to sell the doll, but is trapped when a strange force brings to life the toys, sending them on a bloody killing spree.

The toy convention he visits will take place during the 30 year commemoration of the Toulon Murders -- the same murders that were studied in the first "Puppet Master" film, which debuted in 1989.

"Puppet Master: The Little Reich" will be written by "Bone Tomahawk" screen writer S. Craig Zahler. Di Bonaventura, Dallas Sonnier, and Jack Heller will produce the film, alongside original series producer Charles Band.