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Blumhouse recently named John carpenter exec producer on a new one
The last movie (Halloween 2 from Rob Zombie) has a 19% on rotten tomatoes with a 45% audience appeal and it didn't make much profit, so that is objectively why it more than likely killed the franchise at least until they decided to reboot it down the road with someone else.
Beyond that, Hollywood needs to stop endlessly remaking and rebooting franchises and attempt to create new ones that don't suck asshole.
In the future
It's a dying franchise
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