Osgood Perkins is working on a new Longlegs movie, which will be a follow-up to his mystery horror thriller that became the highest-grossing independent film of the past decade.
This time, the movie isn't going through Neon, the original distributor.
Instead, it's heading to Skydance-owned Paramount Pictures.
Paramount has acquired the rights to this new mystery Longlegs project.
Perkins will write, direct, and produce it. Nicolas Cage is coming back as the star and a producer.
Also producing are Brian Kavanaugh Jones from Range Media, Chris Ferguson, Perkins’ partner at their company Phobos, and Dave Caplan from C2, who helped finance the first movie.
Paramount and Perkins aren’t giving out many details, but sources say this is not a sequel.
It's something that's set in the same world as Longlegs.
Longlegs was a surprise hit when it came out in 2024, thanks to Neon.
It made Perkins a well-known horror director and launched Maika Monroe as a rising star. She played an FBI agent with psychic powers who investigates a string of murder-suicides in Oregon linked to a serial killer called Longlegs. Cage played the killer in a wild, unusual performance.
The movie earned $128 million worldwide on a budget of less than $10 million, becoming Neon's highest-grossing domestic film.
It combined several popular elements like the occult, mind control, witchcraft, creepy toys, and a crime investigation, making it a rich world to explore further.
Sources say Neon stepped away because this project was bigger than what the company usually handles.
Paramount’s new leadership, led by Josh Greenstein and Dana Goldberg, is focusing a lot on horror.
They have two production groups that specialize in the genre, one run by J.D. Lifshitz and Raphael Margules (Barbarian), and another by Walter Hamada, who made Passenger, set for a May 22 release. They also have a first-look deal with Parker Finn, who directed the Smile movies. They're also bringing back the Paranormal Activity franchise with James Wan and Jason Blum, and they’re celebrating the success of Scream 7, which made $211.9 million.
Perkins has directed other horror movies like The Monkey and Keeper, and he’s finished filming his latest scary movie, The Young People, which stars Nicole Kidman, Lola Tung, and Nico Parker.
Cage’s next project is in Amazon Prime Video’s Spider-Man series Spider-Noir, which starts in May.
Later this year, he plays football legend John Madden in David O. Russell’s Madden.
Perkins is represented by CAA, Untitled, and Lichter Grossman.
Cage is represented by WME, Stride Management, and Goodman Genow.
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