From CNN link above
LOS ANGELES, California (Hollywood Reporter) -- Even before "Alien vs. Predator," the resurrection of two tired movie franchises, captured the top spot at the weekend box office, New Line Cinema began plotting a new face-off for its horror favorites, Freddy Krueger and Jason Voorhees, who had their own moment atop the boxoffice last August with "Freddy vs. Jason."
Sources said the studio is in negotiations with director-producer Sam Raimi (the "Spider-Man" movies) for a project titled "Freddy vs. Jason vs. Ash." In the proposed sequel, Freddy (from the "A Nightmare on Elm Street" films) and Jason (from the "Friday the 13th" pics) would go up against Ash, the cynical anti-hero survivor of Raimi's "Evil Dead" trilogy, which also includes "Army of Darkness."
Bruce Campbell played the character in the trilogy and would play him again if the deal were to close.
Although Raimi would not direct, he holds rights to the "Evil Dead" franchise. "Freddy vs. Jason" grossed more than $74 million, so even if a deal with Raimi can't be reached, New Line is determined to find a way to extend the franchise by introducing a new character or just pitting Freddy and Jason against each other one more time.
Me thinks this is gona stink to high heaven. Raimi's not going to direct it. Shit... They WILL fuck it up.