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The 44-year-old writer told MTV that he is to pen the movie, which was originally directed by Curtis Hanson and starred Steve Guttenberg and Elizabeth McGovern as illict lovers who witness a murder.
Unlike the first picture, Williamson wants to base part of his adaptation on novel The Witnesses by Anne Holden, which was the source material for Hansons's homage to Alfred Hitchcock's Rear Window.
He said: "I've got a great plan for it; I'm really excited and I'm going to balance out the book; I'm going to pull more from the book [than Hanson did].
"It's a twist on Rear Window, which I love about it, and it's just a really great opportunity to do a cat-and-mouse game between a killer and a man, with a couple of women in between them."
Williamson recently announced that the upcoming Scream 4 will be the first instalment of a new trilogy for the franchise.
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