In the summer 1996, four high-school seniors accidentally run over a pedestrian and try to dispose of the body. One year later, a hooded killer begins killing the teenagers in an apparent act of revenge.
That's the story of 1997's I Know What You Did Last Summer, which grossed over $125 million worldwide and spawned two sequels — I Still Know What You Did Last Summer and the direct-to-video I'll Always Know What You Did Last Summer. And now, 17 summers after the first movie (18 summers after the "incident"), it's back.
Sony Pictures has commissioned Oculus writer / director Mike Flanagan and his co-writer Jeff Howard to reboot I Know What You Did Last Summer, which itself was based on a 1973 novel by Lois Duncan (that's over 40 summers ago). According to Deadline, this film is a "high priority" for Sony, who wants it out in 2016. Presumably the summer.
And while you wait, here's the cast of MTV's Scream reboot.