At least they're not subjecting us to another Blair Witch flick.
Last we heard about The Blair Witch Project director Eduardo Sanchez way back in Oct '09, he had been making progress on Blair Witch 3, and we were NOT excited about it.
Seemed to us like another Witch movie was unnecessary, and it appears that Sanchez agreed with us, because now he's working on a new project: a Bigfoot movie called Exists.
The flick "follows a group of twentysomethings who take a trip to a cabin deep in the wooded wilderness and are methodically hunted by a Bigfoot-like beast."
Here's what Sanchez had to say about it: