How appropriate: A studio making its name off of schlock is joining in on the (hopefully dying) found footage craze with one of their next projects. According to Deadline, WWE Studios has acquired Bermuda, a spec script written by Bobby Lee Darby and Nathan Brookes.

And if you’re wondering if the film is set in Bermuda, you’re sort of right; putting a new twist on the beat-to-death genre, the film is actually set in the Bermuda Triangle. The script focuses “on a documentary film crew that goes missing, and whose “only trace is the discovery of their film footage chronicling their final desperate days.” The writing duo of Darby and Brookes previously wrote Slaughter, an homage to strange Japanese horror films like Hausu; that took home a Horror Screenplay Competition prize at Slamdance.

WWE Studios president Michael Luisi commented that “the Bermuda Triangle has always been an intriguing and mysterious setting,” while stating that the screenplay “puts a very unique spin on the found footage genre.”Although I’m not too thrilled about getting another horror picture in this vein, I do get a whole Blair Witch meets Open Water vibe from the project — minus the whole shark thing, of course — which could end up being interesting.

Aside from the project being another found footage film, does it intrigue you at all?

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