B-Movie Director Roger Corman to Remake Edgar Allan Poe Stories

Acclaimed B-Movie director Roger Corman is set to remake the eight short stories of the great Edgar Allan Poe, The Hollywood Reporter confirmed today. He originally took on the literary pieces in the 1950s-60s.

Cormon will produce, but not direct, HOUSE OF USHER, THE PIT AND THE PENDULUM, PREMATURE BURIAL, TALES OF TERROR, THE RAVEN, THE HUNTED PALACE, THE MASQUE OF THE RED DEATH, and TOMB OF LIGEIA.

"Now being able to do them in 3D and with a lot of computer graphics, we can do things we never dreamed of doing before," he says.

The first is set to begin production in 2013, with a budget between $2-2.5 million. Corman's originals were made for around $250,000 in 15 days.

Corman's New Horizons will produce, and the films are set for a limited domestic release, with a potential expansion overseas.

Corman, at 86, was recently the subject of Alex Stapleton's CORMAN'S WORLD: EXPLOITS OF A HOLLYWOOD REBEL, a tantalizing and star-studded tribute the director. The film featured interviews with Hollywood icons and cinematic luminaries, some who launched their careers within Corman's unforgettable world of filmmaking, including Paul W.S. Anderson, Peter Bogdanovich, Robert De Niro, Peter Fonda, Pam Grier, Ron Howard, Eli Roth, Martin Scorsese, William Shatner and Jack Nicholson, along with many others, this documentary chronicles how Corman created his cult film empire, one low-budget success at a time, capitalizing on undiscovered talent, and pushing the boundaries of independent filmmaking.