MGM’s horror meta-remake from producers Jason Blum and Ryan Murphy has dropped its first trailer. Following the events of the low-budget 1976 slasher from Charles B. Pierce, The Town That Dreaded Sundown picks up decades after the Phantom Killer terrorized rural Texarkana when the murders start again and a teenager (Californication‘s Addison Timlin) finds herself in the killer’s sights. Town is helmed by Alfonso Gomez-Rejon in his feature directing debut and written by Roberto Aguirre-Sacasa. The film will have its first public screening this month at Austin’s Fantastic Fest before MGM’s Orion Pictures releases it in October. (See the fest lineup here.)