Before Peter Jackson made The Lord of the Rings, he made the sci-fi horror movie Bad Taste. And now that Wan has become a pillar of Hollywood horror, Saw is returning to his bloody bosom. Ever since the first Saw movie was released back in 2004, the franchise has been produced by Lionsgate and Twisted Pictures. Jason Blum and James Wan now own half the rights to the Saw franchise. The franchise has been floundering since 2023’s Saw X, with Saw XI taken off the release schedule and Billy the Puppet forced to update his LinkedIn page.