Horror-fans learned the title of the next ‘Saw’ installment today, which has been confirmed as “Jigsaw”. Lionsgate released the title-treatment for the new film for the press, though details on the project are still slim (outside of the cast and crew). This will be the eighth film in the horror-franchise, and the film was previously going by the name “Saw: Legacy”. The “Saw” franchise started back in 2004, and the original film was directed by James Wan. The original “Saw” featured Cary Elwes, Leigh Whannell, and Danny Glover.

The title announcement came from Lionsgate co-president Erik Feig, who made the reveal at CineEurope in Barcelona. A short trailer was also shown at the event, and that trailer may be released over the next few days, or weeks. If you are new to the franchise, or need a refresher, Jigsaw is the fictitious name of serial-killer John Kramer. The madman would kidnap strangers then place them in elaborate traps designed to torture and kill them.

The film currently has an October 27 release date, so moviegoers should be in the Halloween spirit as they head into the theater. The film is being co-directed by Michael and Peter Spierig, and the story was written by Josh Stolberg and Pete Goldfinger. “Jigsaw” will feature Laura Vandervoort, Tobin Bell, and Matt Passmore.

The original “Saw” film opened to $18M back in 2004, the project then went on to make almost $57M worldwide. The sequel did even better, opening to $31M before reaching $87M globally. The second-installment was directed by Darren Lynn Bousman. “Saw 3” had a bigger opening, reaching $33M, but only grossed $80M worldwide.

That’s when things started to go downhill for the franchise. “Saw 4” only topped $63M, down almost $20M from the franchise’s best, and “Saw 5” only grossed $56M. “Saw 6” topped-off at just $27M, and “Saw 3D” only hit $45M. That being said, the film franchise has reached $873M globally, which is nothing to sneeze at. Fans can expect a teaser-trailer or two over the next few weeks, and maybe a full-length trailer some time after that.