Matt Manfredi and Phil Hay, who worked with Kusama on Destroyer and The Invitation, are currently working on the script.
Kusama is familiar with the horror genre, having directed the comedy thriller Jennifer’s Body from a script by Diablo Cody.
Per the report, Blumhouse hopes to put a modern spin on the legendary Count with the film taking place in contemporary times.
That series, from Steven Moffat and Mark Gatiss, also dealt with Dracula in the modern world; and featured a number of unique twists on the classic tale.