Todd Casey and Zach Shields are co-writing the script with the director, which is based on an ancient Pagan demon who punishes wicked children during the Christmas holiday season. The story is said to be told in the same style as the filmmaker's Trick 'r Treat.
Here's what Michael Dougherty had to say in a statement about the project.
"The dark ancient origins of our holidays have always fascinated me. I've been drawing twisted Christmas cards for well over a decade, so it only made sense to bring some of that morbid yuletide fun to the big screen, and Krampus was the perfect mythology to do that. Christmas has been invading Halloween for far too long. It's time to return the favor."