The 'Aquaman' director and 'Conjuring' franchise producer is teaming up with Gary Dauberman to make the first feature film adaptation of King's 1975 novel.

AceShowbiz - James Wan is entering Stephen King's universe with an adaptation of " 'Salem's Lot". The filmmaker behind successful horror film franchises, including "Insidious" and "The Conjuring", has signed up to bring the first feature film adaptation of the 1975 novel to the big screen.

Wan is set to produce the movie for New Line through his Atomic Monster company. Gary Dauberman, who has collaborated with Wan in previous hit horror movies, is tapped to write the script in addition to serving as executive producer. Roy Lee and Mark Wolper will also produce with Wan.

One of King's earliest novels, " 'Salem's Lot" follows Ben Mears, an author who returns to his hometown of 'Salem's Lot, Maine. He plans to write a book about an old, abandoned mansion, Marsten House, that was the sight of a grisly murder decades ago, but he later finds out that the home has been bought by a mysterious man from Europe.

Ben also realizes that townspeople are slowly being turned into vampires. He bands together with a few other locals to stop the spread of vampires, with the final confrontation happening in the house with the mysterious man.

" 'Salem's Lot" has never been turned into a movie before, but a silver screen adaptation of it was released in 1979. The miniseries starred David Soul as the writer and was directed by the late Tobe Hooper ("The Texas Chain Saw Massacre"). A sequel followed in 1987, titled "Return to Salem's Lot" and was directed by Larry Cohen.

A newer adaptation, another miniseries starring Rob Lowe, was released on TNT in 2004. Andre Braugher and Donald Sutherland also starred on the second miniseries, which received a Primetime Emmy nomination.

Wan and Dauberman recently teamed up as producers on "The Curse of La Llorona", which has grossed $57.6 million worldwide against its budget of just $9 million. Dauberman also writes the upcoming third installment of the "Annabelle" movie series, "Annabelle Comes Home", which is heading into theaters across the nation on June 28.

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