Although details are slim, we have an update on not one, but two Child's Play movies that could see the light of day. During The Mad Monster Party convention this past weekend, there was a Child's Play reunion panel. One of the topics discussed was the future of Chucky here is what they had to say via Moviehole:

"There are reportedly two 'Child’s Play' projects in the works: a remake and a spin-off of sorts involving Chucky’s immediate family, 'Revenge of Chucky.' The reunion panel featured Alex Vincent, Brad Dourif and Chris Sarandon and Dourif confirmed that he’s involved in both projects but has not seen a script for the 'Child’s Play' remake yet.

Don Mancini and David Kirschner have been planning to reboot the franchise for several years, and this remake will be written and directed by Mancini. The film will be a darker and scarier retelling of the original film, but one that will offer new twists and turns."

A Child's Play remake has been talked about for years now. We're sure that it will happen eventually, don't get too excited until an official announcement is made.