Cerenzie-Peters Prods. has picked up remake rights to the Thai hit horror series Art of the Devil, whose third installment debuted as the No. 1 movie in the Asian country.
CP principals Michael Cerenzie and Christine Peters are producing alongside Eric Thompson and Tim Kwok of Convergence Entertainment.
While each installment of the series follows a new story line, what links them are the themes of revenge, black magic and mysterious deaths. CP will begin by focusing on the second installment, which featured a group of high school kids who fall victim to supernatural tattoos.
The latest movie, released April 3 in Thailand, earned more than $2.5 million during its first weekend to lead the domestic boxoffice. That beat out the $2.1 million raked in by Jumper and the $1.8 million grossed by "10,000 BC."
The series, which cost less than $1 million to make, has already been sold to more than 40 countries, according to The Hollywood Reporter.