Is the U.S. remake of Let The Right One In doomed?

Just when we were starting to think the U.S. version of Let The Right One In might be worth watching, it turns out we may not get the chance. The culprit, once again, is studio turmoil.

According to the Miami Herald, the controversial remake Let Me In may have its release scaled back massively:

A new wrinkle, however, emerged last week when Overture parent company Liberty Media announced that Overture's top executives and co-founders, Chris McGurk and Danny Rosett, would be leaving the company. Overture had been on the sales block for months as Liberty's John Malone looked to exit the film business. Chris Albrecht, the head of Overture sister company Starz, was named to oversee the film division.

All these moves threw into question the fates of three upcoming releases, most notably "Let Me In," which had been set to roll out on at least 1,200 screens.

Sources familiar with the situation say that there is serious fear - and a real possibility - that with new management and a spirit of heavy cost-cutting at Overture, the movie's release could get downsized. In that scenario, the number of screens and marketing budget would be drastically cut, limiting its commercial reach.

There's also a possibility that Let Me In could go to a different distributor — but that would mean a lot of legal wrangling. And the most likely candidate, Summit Entertainment, already has its own vampire films, the Twilight series.

It's definitely a good sign that the studio is promoting the heck out of this film at Comic Con, later this month, with director Matt Reeves (Cloverfield) and stars Kodi Smit-McPhee and Chloe Moretz (Hit-Girl!) showing up. So let's hope that this film isn't just consigned to a limited release on a handful of screens on either coast. Even if it winds up being a disappointment compared to the amazing Swedish original, it deserves its chance. [Miami Herald]