Universal And Peacock Drop A Ridiculous $400 Million For New ‘The Exorcist’ Trilogy

Well, damn. Universal and Peacock just dropped some serious cash on a new ‘The Exorcist‘ trilogy. This news coming from a report by The New York Times.

According to the report, the studios have teamed up to purchase the rights to the trilogy for a cool $400 million. It’s being described as a “megadeal” and for good reason. That’s a lot of cash to drop, especially during these uncertain times.

It’s also being reported that Ellen Burstyn will reprise her role from the original 1973 classic. She’ll be joined by Hamilton star Leslie Odom Jr.

David Gordon Green is set to direct. He’s the writer-director behind the recent ‘Halloween’ films.

Blumhouse is producing with Morgan Creek Entertainment. The first film in the trilogy is expected to arrive in theaters in late 2023, adds the site. ‘Under the terms of the deal, the second and third films could debut on Peacock, according to one of the people briefed on the matter.’

So it’s looking like this could be another theatrical/streaming hybrid release strategy, which is a bit odd because horror films are the one genre performing well inside theaters right now.

The Exorcist franchise hasn’t been on the big screen since the 2005 release of Dominion: Prequel to The Exorcist, an alternate version of the previous year’s Exorcist: The Beginning. Those films came in the wake of 1977’s The Exorcist II: The Heretic and 1990’s The Exorcist III.

With a release date set for 2023, it’s likely filming on the first film starts sometime in 2022.