Legendary British horror house returns to film

Hammer, which lists Dracula and Frankenstein among its extensive stable of horror characters, is reanimating itself and returning to feature films, Variety reports. A partnership with FirstSight Films enables Hammer to produce two feature films a year for three years, beginning in 2002. Each film will have a budget in the neighborhood of $10 to $20 million. “We’re taking horror completely seriously, and trying to do something that’s as good as the highest-quality drama that Hollywood has to offer.” Terry Ilott, who runs Hammer with Peter Naish, said.