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Hammer Films remaking Swedish vampire story

By M&C Movie News May 5, 2008, 12:52 GMT

Hammer Films and Spitfire Pictures has picked up the remake rights to the Tomas Alfredson-directed Swedish film "Lat den ratte komma in" - which won the feature prize at the Tribeca Film Festival. Variety reports the remake deal is worth seven-figures if the film gets made. Spitfire is lined up to produce the remake. A writer will start work on an English-language version of the film under the title "Let the Right One In."The film is set to be produced by Simon Oakes, Guy East and Nigel Sinclair. Alex Brunner and Tobin Armbrust are lined up to executive produce the film with John Ptak, Philip Elway and Fredrik Malmberg. Swedish producers John Nordling and Carl Molder of EFTI will also be involved in the remake. Ptak and Elway are responsible for deal for Arsenal – which started working on the remake rights at the Berlin Festival. The film was part of a bidding war with Warner Bros., Paramount and Overture. The Swedish film is set to be released by Magnolia.Hammer Films (the iconic British production company which had a string of successful horror films in the 1950s and '60s) was revived in May, 2007, and is funded by the Dutch-based fund Cyrte Investments. Along with original horror films, Hammer has plans to remake films from its library."Let the Right One In" is described as a contemporary vampire story about a 12-year-old boy who becomes friends with a young female neighbor who moves to town.

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