Despite being called “fake news” by author Bret Easton Ellis, a recent report suggests that Luca Guadagnino’s upcoming American Psycho movie is in the works, but not official just yet. According to a new report from Jeff Sneider in his The InSneider newsletter,

Bret Easton Ellis explained why the 'American Psycho' reboot, rumored to be led by Austin Butler and directed by Luca Guadagnino, might be 'fake news.'

"I heard somewhere, from someone, that there are no contracts," Bret Easton Ellis, author of the American Psycho novel, revealed.

Bret Easton Ellis first had his 1991 novel adapted for film in 2000, directed by Mary Harron and starring Christian Bale as investment banker-turned-serial killer Patrick Bateman. Now, he's said rumblings of a new film from Guadagnino are "fake news" via his self-titled Bret Easton Ellis Podcast.

It’s been reported that Luca Guadagnino is set to direct an American Psycho reboot starring Austin Butler as Patrick Bateman. But according to Bret Easton Ellis , the author of the novel on which the iconic 2000 film was based,

I have a feeling it’s fake news,” Ellis said while speaking on his podcast in late December. “I heard somewhere, from someone, that there are no contracts. Austin Butler hasn’t signed anything to play Patrick Bateman.

A new film adaptation of 'American Psycho' has been thrown into doubt after the book's author called the confirmation in 2024 "fake news".