Spawn creator Todd McFarlane has been actively pursuing a new movie since 1998 and has reportedly only recently completed a new script that's said to be R-rated and have a modest budget. It's a reboot that's being described as "more of a horror movie" than a superhero movie, where it wouldn't feature any villains and would portray Spawn as something of a "boogeyman." It's been a few months since we last heard anything on the project, but McFarlane gave fans another update in a new interview, saying:
"It's slowly moving forward, just trying to put all the pieces together both from an artistic and a financial. The intent is trying to finance as much as possible internally and then finding partners who will help in the production of it as we move forward. I can argue getting the money might be harder than getting everybody signed off on the story. What I can tell you is what I've told everybody else: it will be a definite R. I'm not going for the same crowd that Marvel and DC is going for; I'm going for the same crowd that horror film releases going for. People who want to take their boyfriend or girlfriend or go out with the girls and go to the movies and get spooked."
He then goes on to explain how he wants to direct the film:
"I've been living with the idea for so long that I wanted to direct it, but I knew that if I gave it to Hollywood and they spent a lot of money on it then just from a practical point of view, it wouldn't be fair for me to then say 'I want to direct.' It's not good business to spend $80 million on movie and then give it to somebody who's not known for directing movies -- but if you can make a movie for $10 million, they'll get a lot of less experienced directors to do those movies."
"So I knew I needed to keep the story and the budget both tight so that when I go to Hollywood and I say 'I have to direct it, that's not even a negotiation, so if you can't accept that, then the conversation is over quickly,' then once they understand the scope and size and budget of it, they're like 'Oh, okay. It's not like Todd's coming in here asking for $100 million and then saying let me direct my first movie. He's saying 'Give me $10 million to make a little horror movie and let's see if we can scare some people. We've done that tons of times.'"
You can read more on the project here.