Michael Grais, writer of the original Poltergeist film and its sequel Poltergeist II: The Other Side, has been drafted to return to the franchise. He will begin writing a fourth sequel soon. Moviehole.net is reporting that the film, tentatively titled Poltergeist: In the Shadows, is in the early stages of development.
The website has confirmed that it is not a remake of the first film. And that it will not be one of the direct to DVD features that the studio is currently working on. It is reportedly going to be a theatrical endeavor.
Stay tuned for more news on this front in the coming months.