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.

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,

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,