I Know What You Did Last Summer is getting a reboot courtesy of Sony Pictures, EW has confirmed.

Neal Moritz, who produced the 1997 original starring Jennifer Love-Hewitt and Sarah Michelle Gellar, will return to produce the reboot, alongside Mike Flanagan and Jeff Howard, who will also write the script based on Lois Duncan’s 1973 novel. Flanagan directed Oculus, which despite being made on a small budget saw enormous success at the box office. Sources say that Sony is shooting for a 2016 release.

1997’s I Know What You Did Last Summer brought in $125 million worldwide, and had two sequels, 1998’s I Still Know What You Did Last Summer and the straight-to-DVD I’ll Always Know What You Did Last Summer in 2006.

Source: Entertainment Weekly