Spooky Pictures and Image Nation Abu Dhabi have acquired rights to the found footage horror anthology franchise V/H/S from Studio71, Variety has learned.

The deal to jointly produce future titles in the series marks a further step in the six-year partnership between the Los Angeles-based genre label and the United Arab Emirates-based studio, which has yielded Late Night with the Devil, The Plague, and the upcoming Hokum.

Spooky Pictures is headed by genre veterans Steven Schneider (Insidious, Paranormal Activity) and Roy Lee (Weapons, IT).

“It’s a natural evolution,”...