AceShowbiz - Low-budget horror hit "Hellraiser" is set up scare up a new generation of fans thanks to studio bosses at Spyglass Media Group.

They have fast-tracked a revamp of Clive Barker's 1987 classic and David S. Goyer has been recruited to produce and write.

The original "Hellraiser", which introduced the world to terrifying characters like Pinhead and Frank the Monster, spawned 10 films. It was based on Barker's novella "The Hellbound Heart" about a man facing his late brother's sadomasochistic demons.

Gary Barber, the chairman and chief executive officer of Spyglass, made the movie announcement to Deadline on Monday, May 06, stating: "Clive and I go back more than 30 years together."

"For generations, his brilliantly twisted and imaginative 'Hellraiser' haunted the minds of moviegoers with its searing imagery of Pinhead. David is the perfect storyteller to continue Clive's vision for a new theatrical version of 'Hellraiser'."

Goyer, who co-wrote Christopher Nolan's "Batman" trilogy, adds, "I've been a fan of Clive's work since the original 'Books of Blood' paperbacks and 'The Hellbound Heart' novella. Having the chance to reimagine Pinhead and the Cenobites for a new audience is a nightmare come true. Gary is a true fan as well and we're committed to making something dark and visceral."

The "Hellraiser" series has included the films "Hellraiser: Inferno", "Hellraiser: Hellseeker", "Hellraiser: Bloodline", and "Hellraiser: Revelations". The last film in the franchise was last year's (18) video release, "Hellraiser: Judgment".

The 1987 film featured largely unknown actors, like Andrew Robinson, Clare Higgins, Ashley Laurence, Sean Chapman, and Oliver Smith.