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,

Author Bret Easton Ellis says the announced "American Psycho" reimagining isn't real. Ellis said during his eponymous podcast that announced remake's director Luca Guadagnino and rumored lead actor Austin Butler are not contracted for the feature.

Apparently, that Luca Guadagnino-directed remake of American Psycho starring Austin Butler is “fake news”—at least that’s according to author Bret Easton Ellis, dashing our dreams for an even more homoerotic take on the iconic dark satire.

Reports published in late 2024 stated that Austin Butler could be in line to play the role of Patrick Bateman in Luca Guadagnino’s reboot of American Psycho. This caused a flurry of headlines as the role was once made famous by Christian Bale in the original film adaptation of American Psycho released in 2000.

Put away your business cards everyone, it looks like that American Psycho remake isn’t happening after all, according to the original book’s author, Bret Easton Ellis. The 60-year-old author has thrown doubt on the remake after sharing that Austin Butler,