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Almost gaurnteed money, and not as much work as coming up with your own idea.
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Studios could also just re-release the classic for next to nothing and reap straight profit instead of bank rolling new movies. That's the more respectful way to do it anyway. It's win-win. The studio gets a shitload of money on an old investment, and we fans get to see original horror classics on the big screen.
I hate remakes. And I won't support them. Grow some balls and write something original.