'Cloverfield' helmer traces Swedish tale

Matt Reeves to write and direct horror remake

"Cloverfield" director Matt Reeves has signed to write and direct the horror remake "Let the Right One In" for Overture Films and Hammer Films.

The Swedish horror film, "Lat den ratte komma in," about a bullied boy whose desire for revenge becomes intertwined with his growing love for a girl who happens to be a vampire, began showing at festivals at the beginning of the year. Hammer Films picked up the remake rights in May after the film won the best narrative feature award at the Tribeca Film Festival.

The original film's source material is a bestselling novel by John Ajvide Lindqvist.

"I was immediately taken by both the novel and the Swedish film of 'Let the Right One In,' which are just so unique," Reeves said. "I found them not only terrifying but incredibly moving, and I am very excited about adapting them into an American context."

The recently revived Hammer Films -- a British horror powerhouse in the 1950s and '60s -- intends to remake some of its own classic films in addition to acquiring other original properties. "Right One" represents the first film in a new two-picture partnership between Overture and HS Media, the parent company of Hammer and Spitfire Pictures.

Hammer's Simon Oakes and Spitfire's Guy East and Nigel Sinclair will produce. Spitfire's Alex Brunner and Tobin Armbrust will exec produce along with John Ptak, Philip Elway and Fredrik Malmberg. John Nordling and Carl Molinder of EFTI will also be involved as producers.

Overture's Sean Furst, executive vp production and acquisitions, will oversee production for the studio, which hopes to release the film next year.

Magnolia Pictures will release the Swedish version on Oct. 24.

Reeves, who is repped by WMA, co-wrote and directed "The Pallbearer," co-wrote "The Yards" and co-created and exec produced TV's "Felicity." He is prepping the thriller "The Invisible Woman," a script he wrote and will direct for producer J.J. Abrams at Bad Robot.