Sad, but not unexpected, news coming in for horror fans tonight, revealing that the new Candyman has been pushed back to next year. According to multiple sources, including Heat Vision, Universal and MGM have moved the release date to 2021, although no specific date has been set.

While there was hope from horror fans that Candyman would make it to VOD in time for Halloween this year, Universal and MGM must have faith that this movie will perform well at the box office and this is definitely an uncertain time for theatrical releases. With Tenet not being the box office success that Warner Bros. hoped it would be, multiple movies have shifted their release dates today and we expect more to push their releases outside of 2020.

We'll report back when a release date has been locked. Until then, here's a look at the previously released trailer and details on the cast & crew:

"This September, Oscar® winner Jordan Peele unleashes a fresh take on the blood-chilling urban legend that your friend’s older sibling probably told you about at a sleepover: Candyman. Rising filmmaker Nia DaCosta (Little Woods) directs this contemporary incarnation of the cult classic.

For as long as residents can remember, the housing projects of Chicago’s Cabrini Green neighborhood were terrorized by a word-of-mouth ghost story about a supernatural killer with a hook for a hand, easily summoned by those daring to repeat his name five times into a mirror. In present day, a decade after the last of the Cabrini towers were torn down, visual artist Anthony McCoy (Yahya Abdul-Mateen II; HBO’s Watchmen, Us) and his girlfriend, gallery director Brianna Cartwright (Teyonah Parris; If Beale Street Could Talk, The Photograph), move into a luxury loft condo in Cabrini, now gentrified beyond recognition and inhabited by upwardly mobile millennials.

With Anthony’s painting career on the brink of stalling, a chance encounter with a Cabrini Green old-timer (Colman Domingo; HBO’s Euphoria, Assassination Nation) exposes Anthony to the tragically horrific nature of the true story behind Candyman. Anxious to maintain his status in the Chicago art world, Anthony begins to explore these macabre details in his studio as fresh grist for paintings, unknowingly opening a door to a complex past that unravels his own sanity and unleashes a terrifying wave of violence that puts him on a collision course with destiny.

Universal Pictures presents, from Metro Goldwyn Mayer Pictures and Jordan Peele and Win Rosenfeld’s Monkeypaw Productions, in association with BRON Creative, Candyman. Candyman is directed by DaCosta, and is produced by Ian Cooper (Us), Rosenfeld and Peele. The screenplay is by Peele & Rosenfeld and DaCosta. The film is based on the 1992 film Candyman, written by Bernard Rose, and the short story “The Forbidden” by Clive Barker. The film’s executive producers are David Kern, Aaron L. Gilbert and Jason Cloth."