A new sequel to I Know What You Did Last Summer is in the works, with two original cast members being lined-up to return.

The original movie became a slasher hit when it was released in 1997, and spawned two sequels released in 1998 and 2006.

Deadline now reports that a fourth movie is in the works, with stars Jennifer Love Hewitt and Freddie Prinze Jr in talks to return as Julie James and Ray Bronson.

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jennifer love hewitt and freddie prinze jr, i know what you did last summer
Sony Pictures

Related: What happened to the cast of I Know What You Did Last Summer, 20 years on?

In the original movie, four young friends are terrorised by a hook-wielding killer a year after they are bound together by a car accident.

Details on the new movie are under wraps for now, but writer Leah McKendrick (Voicemails For Isabelle) and director Jennifer Kaytin Robinson (Thor: Love and Thunder) apparently came up with the idea for the sequel.

Studio Sony are keen to do a 'pass the torch' type movie where older stars meet a new generation, much like the Scream reboot, and Hewitt and Prinze Jr were also reportedly keen to sign on after hearing the pitch.

Related: Freddie Prinze Jr reveals plans to start wrestling company within the next 18 months

The original I Know What You Did Last Summer also starred Sarah Michelle Gellar and Ryan Phillippe, though Hewitt and Prinze Jr returned for its 1998 sequel. The 2006 third movie featured a completely new cast.

The franchise was recently given a Prime Video TV series, though it was cancelled after one season early last year.

The movie reboot comes in the wake of Scream's success, with a fifth movie released last year to great success and a sixth on the way.

Last year's instalment saw the return of original stars such as Courteney Cox, David Arquette and Neve Campbell, though the latter won't be back for the next movie.

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Sam is a freelance reporter and sub-editor who has a particular interest in movies, TV and music. After completing a journalism Masters at City University, London, Sam joined Digital Spy as a reporter, and has also freelanced for publications such as NME and Screen International.  Sam, who also has a degree in Film, can wax lyrical about everything from Lord of the Rings to Love Is Blind, and is equally in his element crossing every 't' and dotting every 'i' as a sub-editor.