Bob Weinstein 'Heading Back' To 'Scream 4,' 'Spy Kids IV 3-D' And 'Halloween III 3-D' And Then Some

But wait! There's more! Studio head Bob Weinstein issued the pronouncement: "I'm heading back to my franchise films," as reported by Variety. The plan on paper calls for a veritable blitzkrieg of sequels, many of them in 3-D.

The most stunning news relates to the much-talked-about "Scream 4." Series star Neve Campbell had previously stated that she wouldn't be back for more. According to Weinstein, Campbell will return, joining already-confirmed castmates David Arquette and Courteney Cox. What's more, director Wes Craven is in talks with Dimension to helm.

The studio will also partner with Disney for a fourth "Spy Kids" movie. Robert Rodriguez will write/direct and the film will be shot in 3-D.

Plans for "Halloween 3-D" also continue, with an October 2010 release targeted. "Hellraiser" and "Scanners"(!!?!?!?!) sequels are also in the offing for 3-D treatments, and returns to "Children of the Corn," "Short Circuit" and "An American Werewolf in London" are also planned.

Wow. The clock just ticked past midnight here on the east coast and I'm having a hard time processing all of this. These are certainly ambitious plans, and Weinstein claims that the weight is there to back them up. He clearly states that "financing is readily available to produce and market these films" and that the studio is "committed to doing them in style."

I think I'm going to sleep on this one and leave the discussion to you night owls for now...

What do you make of this announcement? The "Scream" news? The rest of it? Are so many sequels (and remakes?) really a good thing? Is the heavy commitment to 3-D simply riding a trend or is this more of the exceptional foresight that led the Weinsteins to back hits like "Pulp Fiction"? Too much? Not enough? Anything missing?