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A new update has arrived in regard to the Texas Chainsaw Massacre IP; bidding wars for it are beginning Monday, as Deadline reports. The contest will be held by Verve, which is currently holding the rights to the slasher franchise. There are no frontrunners for this, but names including Taylor Sheridan, Jordan Peele, Osgood Perkins, and more have come up for it.
The report notes that Sheridan, who is known to create Yellowstone, would produce a new installment. The same's the case with Osgood Perkins, but only if Bryan Bertino is directing it. Jordan Peele would do that with his Monkeypaw, which has a production deal with Universal.
If we simply talk about the films, all nine films have earned $247 million in total, according to The Numbers. Other than that, the franchise also has video games, comics, books, and more in store for the fans.
Why is the Texas Chainsaw Massacre IP a game changer for any acquirer despite the negative reception of the franchise?
Even though most of the films in the franchise were subject to negative reviews, the franchise is a big deal for anyone who gets the rights. Over time, Leatherface has become a popular character among the community of horror film fans. Many might not know this, but it is inspired by a real-life criminal, though he was different and didn't run around with a chainsaw and a mask.
He is the reason the public is likely to be attracted to cinemas for the next film in the franchise. Though we cannot guarantee a positive reception for the film. Speaking of that, here is how all the movies in the franchise rank according to their critical scores at Rotten Tomatoes.
- The Texas Chain Saw Massacre (1974) - 84%
- The Texas Chainsaw Massacre Part 2 (1986) - 52%
- The Texas Chainsaw Massacre (2003) - 37%
- Texas Chainsaw Massacre (2022) - 30%
- Leatherface (2017) - 27%
- Texas Chainsaw (2013) - 20%
- The Return of the Texas Chainsaw Massacre (1995) - 16%
- The Texas Chainsaw Massacre: The Beginning (2006) - 15%
- Leatherface: Texas Chainsaw Massacre III (1990) - 13%
We can easily see that it was just the first film that performed well, and the rest of the films have failed to capture the attention of fans and critics alike. So while acquiring the IP can be good when Leatherface is concerned, the rest of the critical history should also be taken into account.
Who should these rights go to?
We believe Taylor Sheridan should end up with these rights for the same reason as Deadline's report mentions. Because he is from Texas. While he isn't much into acting, it seems, which we say considering the fact that he chose to create an entire universe after growing tired of acting.
He is pretty good at creating stories. Yellowstone and its spin-offs, 1883 and 1923, are the best examples of that. But we shouldn't forget that he might just be producing those films, as Deadline mentions, but his input on it would surely be valuable.
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Other than his TV series, Sheridan has been nominated for the Oscars for his screenplay of Hell or High Water (2016).
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