Back in May 2013, Warner Bros. hired Seth Grahame-Smith and his partner David Katzenberg to produce a Gremlins reboot. In April, the studio put the project on the fast track, although it was never confirmed if a writer or director had been attached. During a new interview with Entertainment Weekly, Seth Grahame-Smith revealed that the project is no longer moving forward and has been put on indefinite hold. Although, he does hope to revisit it sometime in the near future.

"I think we just ran out of steam. It's one of those things where everybody got busy doing other things. It's something I would love to come back to, but right now Steven (Spielberg) is making two movies back to back and Chris Columbus is busy. We're all taking a five-minute break on that."

While it isn't known if a full screenplay has been written, Seth Grahame-Smith did conceive a story, which he brought to original Gremlins producer Steven Spielberg and writer Chris Columbus. Here's what he had to say about his take on the story.

"It was a completely different cast of characters, but acknowledging the events of the first two movies."

The original Gremlins, which was released in 1984, centered on a young man (Zach Galligan) whose father (Hoyt Axton) brings him back a mogwai from Japan, creatures which cannot be exposed to bright light, come in contact with water or be fed past midnight. When these rules are broken, these creatures transform into something horrific as they terrorize this quaint town. Do you think Gremlins should be rebooted? Or should it be left alone? Chime in with your thoughts below.