Yes, Deadline reports that James Wan will be producing a remake of the classic 1990 spider flick via his company Atomic Monster and Amblin. No director is attached, but Wan would be in a producer role rather than directing.
The original movie, released by Disney's Hollywood Pictures label, and produced by Amblin and Tamgled Wed Prods, focused on a newly discovered Venezuelan spider being transported to a small American town and producing a new species of deadly spiders, which begin killing the town's residents. Marshall is also returning to the project as an Executive Producer. What are your thoughts on the original film? The idea of these two collaborating together for a horror-comedy film is exciting. I believe he just recently finished shooting Shazam and he previously had some great success in the horror genre with Annabelle: Creation. Should I check out the original Arachnophobia?
Would you like to see a Arachnophobia remake? James Wan, now finalizing upcoming family tentpole "Aquaman", heads up the producer's committee on the film. However much like the other horror franchises he's helped to create, like Saw, Insidious and The Conjuring, even when he is not directing, you can still see his influence in the movie and the way it builds up its atmosphere. Because ghosts and the things we don't know are apparently scarier than the realities we face every day.