“Peter Pan: Neverland Nightmare” Planned

Universal Pictures

The team behind the upcoming low-budget horror feature “Winnie-the-Pooh: Blood and Honey” are turning their gaze towards another iconic character – Peter Pan.

THR reports that director Rhys Frake-Waterfield is not only prepping a sequel to his ‘Pooh’ film, but is “also prepping for another twisted take on a children’s tale with ‘Peter Pan: Neverland Nightmare’.”

Some of J.M. Barrie’s earlier works with the Peter Pan character, such as the stories “Little White Bird” and “Peter and Wendy,” are in the public domain in the United States.

However, the famed “Peter Pan” play, which has formed the basis of almost all the screen adaptations to date, wasn’t published until 1928. As a result, its U.S. copyright doesn’t expire until next year.

The project isn’t to be confused with David Lowery’s big-budget “Peter Pan & Wendy” movie, a live-action adaptation of Disney’s classic cartoon take on “Peter Pan,” which is in the works for a Disney+ debut next year.

Meanwhile, Frake-Waterfield’s “Winnie-the-Pooh: Blood and Honey” has set a release date, with the film scoring a one-day theatrical release across hundreds of U.S. theaters on February 15th. Several other territories are also planning theatrical releases.

The film sees a six-foot Pooh and his sidekick Piglet go on a murderous rampage through Hundred Acre Wood after being left to fend for themselves by Christopher Robin and going feral.

Following some first-look stills going viral earlier this year, interest in the film has been huge and has allowed the production to be expanded with additional shooting.