I’m constantly asked ‘why the hold up on Gremlins 3? And that’s because those films were such products of the technology at the time. The movie was more limited and created by technology. They were puppets. The story-lines, then, were based around what we could do with the Gremlins. Now, of course, anything is possible but it becomes a little more difficult to hone it on what your storyline would be. First of all, I won’t be asked. Second of all, I wouldn’t bring back the original cast because it’s been too long – the kids now would be familiar with the title, and familiar with Gizmo and Stripe, but as far as the actual [live-action] characters and story, they don’t know them..
Read more about Gremlins 3 rumours over at http://nerdreactor.com/2011/12/28/gremlins-3-in-the-works/