Alcon Entertainment is looking to acquire the rights to produce prequels and sequels to the 1982 cult classic "Blade Runner," according to the Hollywood Reporter.

The trade paper reports that the company is in final negotiations to potentially create a franchise around the movie, which was based on Philip K. Dick's "Do Androids Dream of Electric Sheep."

It was director Ridley Scott's follow-up to the box office smash "Alien," but it was considered a box office bomb at the time, only grossing $27.6 million, according to Boxofficemojo.com.

In 1992, a Director's Cut - which removed the narration from star Harrison Ford, among other things - hit theaters, and the movie has since been considered one of the greatest sci-fi movies of all time. A "Final Cut" was released on DVD and Blu-Ray in 2007, the same year that the American Film Institute ranked it in its list of the 100 best films.

The more recent cuts especially left the resolution of the story up in the air, so this is probably not the first time a sequel has been pondered by fans and Hollywood execs alike.

In a statement to THR, Alcon Entertainment's Andrew Kosove and Broderick Johnson said, "We recognize the responsibility we have to do justice to the memory of the original with any prequel or sequel we produce. We have long-term goals for the franchise, and are exploring multi-platform concepts, not just limiting ourselves to one medium."

What do you think of this idea? Are you excited to see more "Blade Runner" or should the original stand on its own? Would you like to see Harrison Ford or Sean Young return to their roles? Comment below.