Coming off the mammoth success of Furious 7, which has already passed $1 billion in global sales, James Wan has probably got a lot of attractive projects on the table right now, which makes it all the more exciting that he's choosing to return to his horror roots - at least as a producer. Wan is teaming up with horror heavyweight Roy Lee to produce a remake of the 1982 horror classic The Entity. THR reports that Wan will reteam with The Conjuring writers Chad and Carey Hayes for the remake.

The original film, inspired by the true story of Carla Moran, stars Barbara Hershey as a single mother who is physically and sexually abused by a vicious supernatural demon. Ron Silver co-stars as a doctor who believes Moran is abusing herself, spurred on by delusions caused by her troubled past. Wan is not currently attached to direct, but that's no surprise given his current slate, not to mention his current status as one of Hollywood's hottest directors.

Wan is headed into pre-production for The Conjuring 2: The Enfield Poltergeist, which he will direct this fall for a summer 2016 release, as well as acting as producer on the upcoming horror films Insidious: Chapter 3 and Demonic. After the huge success of his first foray into action directing, Warner Bros. is also eyeing Wan to direct their Aquaman movie starring Jason Momoa. At this point, it's safe to say Wan has probably got his pick of high-profile projects, so if he wants to jump on board The Entity, it bodes well for the quality of the script and vision behind the project.

His co-producer on the project, Roy Lee, is known for introducing American audiences to Asian horror with remakes of The Ring and The Grudge, among many others. Most recently he produced The Lego Movie and How to Train Your Dragon 2. Lee is also behind the upcoming remake of Poltergeist and Cary Fukunaga's adaptation of Stephen King's It.