Lionsgate to remake Leprechaun

Lionsgate and WWE Studios are planning on bringing the Leprechaun series back to life as a part of a two film deal.

The original followed an evil, sadistic Leprechaun goes on a killing rampage in search of his beloved pot of gold through 6 films.

WWE CEO Vince McMahon wants to give their studios some time to grow under new lead Michael Luisi, who was given the film division in September.

Here are the new leads thoughts on the project:

"We have been looking for ways to continue our relationship with Lionsgate and we saw 'Leprechaun' as the perfect opportunity to take a well-known franchise and put a modern-day spin on it. This is a property that we believe our audience will respond to and we continue to look for ways to surprise and engage them."

The movie is set for a 2013 release, though there is currently no writer, director or cast attached. The other film in the deal has yet to be determined.

But with WWE behind the picture, you have to wonder if they'll be placing one of their familiar faces into the lead, Hornswoggle (Dylan Postl) perhaps?

Leprechaun was released January 8th, 1993 and stars Warwick Davis, Jennifer Aniston, Ken Olandt, Mark Holton, Robert Hy Gorman, Shay Duffin, John Sanderford, John Voldstad. The film is directed by Mark Jones.

Sources: Variety