Horror heavyweight Blumhouse Productions has purchased a 50% share in the Saw franchise, splitting ownership with longtime partner Lionsgate, which keeps the other half. This is a significant genre shift.
Lionsgate will continue to manage domestic releases and the current film library, while the deal includes international distribution rights for future films.
The deal includes the official return of Saw creators James Wan and Leigh Whannell to the series, this time under the Atomic Monster banner, which merged with Blumhouse last year. The original crew behind the 2004 horror blockbuster that started a billion-dollar franchise is back together.
Although both studios will continue to work together on upcoming releases, Lionsgate referred to it as a “passing of the baton” to Blumhouse and Atomic Monster. Fans are already talking about a potential Saw XI or even a complete reboot since Wan and Whannell are back in the mix, even though no new movie has been announced yet.
The timing is noteworthy: Saw X, released in 2023, was a critical and commercial success, earning over $112 million worldwide and rekindling fans’ interest. With Wan and Whannell’s creative oversight, Blumhouse, the studio behind The Purge, Paranormal Activity, and Insidious, is betting big on Saw’s ongoing appeal.
Although no new film has been revealed, industry rumors indicate that the upcoming installment may take the franchise in a different direction by fusing Blumhouse’s contemporary horror sensibility with the gritty legacy of Saw. For fans, that means more mind games, moral dilemmas—and blood.