A new Leprechaun movie is in development at Lionsgate. Per THR, it's been revealed that the horror movie series is set to be rebooted at by the studio with an all-new feature film. Franchise star Warwick Davis is not expected to return, as the film is a reimagining that's not directly connected to the previous movies. It will be directed by Felipe Vargas (Milk Teeth) with the screenplay coming from Mike Van Waes (Lilo & Stitch). Roy Lee (Barbarian, It films) is producing for Vertigo Entertainment alongside Miri Yoon.