Formally known as “Saw 8,” Lionsgate is going back to basics for the next installment of the popular horror-franchise with a new film called “Jigsaw”. The studio made the title announcement back in June, and this week the studio released a first-look trailer.

As you probably guessed from the previous working title, “Jigsaw” will be the eighth film in the “Saw” franchise. The project was also going under the name “Saw: Legacy” for a short period of time. The “Saw” franchise started back in 2004, and the original film was directed by James Wan, and featured Cary Elwes, Leigh Whannell, and Danny Glover.

The new title was confirmed by Lionsgate co-president Erik Feig, who made the reveal at CineEurope in Barcelona back in June. At the time, a teaser-trailer was shown to the press at the event, but it was never released publicly. If you are new to the franchise, or need a refresher, Jigsaw is the fictitious name of the serial-killer John Kramer. The madman would kidnap strangers then place them in elaborate traps designed to torture and kill them if the puzzles were not solved in time.

Despite all the title changes, “Jigsaw” is still on track to release on October 27, 2017. The new installment 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. You can watch the first official trailer below.

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.