Horror Fans Stunned as Blumhouse Takes Over Iconic Billion-Dollar Franchise

Blumhouse is taking over the Saw franchise, and things are about to get interesting for horror fans. The studio, known for movies like Insidious, The Purge, and Five Nights at Freddy’s, has officially bought the rights to all future Saw films, TV shows, and any other stories that involve the infamous Jigsaw killer.

The deal was made with producers Oren Koules and Mark Burg, who have been behind the franchise since the beginning.

The amount Blumhouse paid hasn’t been shared publicly. Koules said it felt like “the right time to pass the baton,” and Burg added that he wanted to “move on and tell new stories.”

Even with the sale, Lionsgate isn’t going anywhere. They’ve released all ten Saw movies so far and will still co-own the franchise. Lionsgate will continue handling distribution and keep its 50% ownership of any future releases.

This move also brings the franchise back to its original creator, James Wan. Wan directed the first Saw movie in 2004, which launched a massive horror legacy. His company, Atomic Monster, merged with Blumhouse in 2024. With that partnership, Wan and Leigh Whannell — who wrote the first Saw — are both expected to return and help shape the future of the series.

Jason Blum, the founder and head of Blumhouse, called the Saw franchise a major force in horror. “Saw defined a generation of horror,” he said. “Its cultural impact continues to grow, making this a strategic investment in one of the most recognizable and successful genre properties of the last two decades.”

Wan also shared how much this project means to him personally. “Saw holds a special place in my heart,” he said. “Coming back to this world with a fresh perspective is both thrilling and deeply personal. For me, this will mark a significant creative return to the Saw franchise for the first time since the early days, and I’m very much looking forward to embracing the original spirit whilst pushing the legacy forward in bold, unexpected ways.”

The Saw franchise has pulled in over $1 billion in box office and home video sales. The tenth film, Saw X, actually got mostly positive reviews, something none of the other films really achieved, with many of them getting mixed or negative responses from critics.

There was supposed to be an eleventh movie, Saw XI, which Lionsgate had originally planned to release in September 2024. That got moved to September 2025 to make room for another film, Never Let Go. Kevin Greutert, who directed earlier Saw films, was set to return. Writers Patrick Melton and Marcus Dunstan, who worked on Saw IV through Saw 3D, also turned in a draft of the script.

But in March 2025, reports started coming out that Saw XI had stalled. According to sources like The Hollywood Reporter, the project hit a wall because the producers couldn’t agree on how to move forward.

Now, with Blumhouse in charge and James Wan back in the mix, fans might finally get a new direction, or maybe a whole new kind of nightmare.

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