Joshua Leonard and Michael C. Williams in The Blair Witch Project. Image from the film, produced by Haxan Films.

After news broke that Lionsgate and Jason Blum planned to “reimagine” the seminal found-footage hit The Blair Witch Project, the movie’s creators and stars took to social media to ask the studio for fair treatment.

The project was announced at this year’s CinemaCon, which is the first time the original Blair Witch team heard of the project.

Stars Heather Donahue, Joshua Leonard and Michael Williams shared a statement on Facebook asking for retroactive and future residual payments, an opportunity to provide “meaningful consultation” on any future Blair Witch projects and they also ask that the studio to start a $60,000 grant for aspiring filmmakers.

The trio is asking for compensation “equivalent to the sum that would’ve been allotted through SAG-AFTRA, had we had proper union or legal representation when the film was made.”

Leonard said that the actors, who shot and improvised the independently-made movie in about a week on a very small budget, using their real names for their characters, each made $300,000 from a buyout of their ownership points on the film. That film , which went on to gross $248 million worldwide.

The actors were also had to sue the Artisan Entertainment, which distributed the film, to win back the copyright to their own names, saying in an Instagram post (below) that “because we used our real names in the first film, the studio claimed copyright. We had to take them to federal court to win OUR NAMES back.”

Blair Witch Project co-producer Michael Monello, in a tweet that was published when the news first broke, pointed out any sequel to the film, including Book of Shadows: Blair Witch 2 which came out in 2000, ignores the Blair Witch mythology.

Joshua Leonard also noted his frustration on Instagram, after seeing a Variety post there with his face on it, though he has nothing to do with the new feature Blum and Lionsgate are producing. He said the studio not only didn’t contact him prior to the announcement of the rebooted film, they haven’t responded to his request for help for a charity screening he wants to do.

Leonard, Williams and Donohue point out in their statement that because previous sequels and reboots failed to achieve anything close to the success of the original, it’s just good business to consult the original creative team that made the far more successful film.

“Our film has now been rebooted twice, both times were a disappointment from a fan/box office/critical perspective. Neither of these films were made with significant creative input from the original team,” read the statement. “As the insiders who created the Blair Witch and have been listening to what fans love & want for 25 years, we’re your single greatest, yet thus-far unutilized secret-weapon!”

Variety stated that a Lionsgate spokesperson had no comment on the statement.