The iconic horror film "The Blair Witch Project" is set to receive a revival, thanks to a collaboration between Lionsgate and Blumhouse. Roy Lee, who was a producer on the 2016 iteration of the franchise, will also return for the new film. Originally released in 1999 with a budget of just $35,000, "The Blair Witch Project" became a staggering success, grossing $249 million globally. The film, known for its found footage style and use of unknown actors, previously spawned two sequels in 2021 and 2016. The revival was confirmed by Lionsgate film chair Adam Fogelson and Blumhouse CEO Jason Blum, who shared their excitement about reintroducing the horror classic to a new generation. This announcement marks a significant moment for fans of the genre and suggests a continued interest in the Blair Witch narrative.

Subtopics:
- Lionsgate and Blumhouse collaboration
- Roy Lee’s return as producer
- Financial success of the original "Blair Witch Project"
- Found footage style
- Sequels to the original film
- Statements from Adam Fogelson and Jason Blum