Deadline Hollywood is reporting that the production company will produce the re-telling for Paramount. The 1987 original focused on Dracula, Frankenstein's Monster, The Mummy, The Wolfman, and Gillman and their quest to find an amulet that will grant them the power to rule the world. Standing in their way? The kids who make up The Monster Squad.
No word yet on who will direct or star (though original Monster Squad producer Rob Cohen is keen to direct, it seems), but rest assured you'll be reading about those details here at Horror Squad when they're announced.
Jump past the break for a look at the film's DVD release trailer. Now let's all just cross our fingers and hope that no one decides to remake Dekker's other cult favorite, Night of the Creeps.