“What are you waiting for, huh, what are you waiting for?” the hook-handed slicker-wearing slasher is back and knows what you did last summer in the reboot/sequel (or rebootquel) of the 1997 all-star classic slasher I Know What You Did Last Summer. While this throwback slasher is certainly entertaining, with just the right amount of nostalgic charm, the Jennifer Kaytlin Robinson written-directed addition to the series falters in making the bold choices needed to truly respect and adhere to the slasher formula, resulting in lower stakes and missed opportunities for horror excellence. No mistaking it, there is a lot to enjoy in 2025’s IKWYDLS, but what could’ve been perhaps as rewatchable as the original, fell victim to playing it too safe. However, this movie does offer a glimmer of hope, much like 2023’s Thanksgiving, that the slasher can be just as entertaining in the 2020s as it was in the 1980s and 90s.

When five friends inadvertently cause a deadly car accident, they cover up their involvement and make a pact to keep it a secret rather than face the consequences. One year later, the past comes back to haunt them as they learn someone knows what they did last summer. Stalked by a mysterious killer, they soon seek help from two survivors of the legendary Southport massacre of 1997.

Despite my negative criticism of two aspects to the storytelling and plotting thereof, which I cannot effectively analyze without going into spoilers, Robinson’s IKWYDLS succeeds where many (if not most) rebootquels fail when revisiting a classic movie (or franchise)–this is particularly true of horror movies. 2025’s IKWYDLS leans into the original (and even 1998 sequel) just enough to establish meaningful narrative and setting connections but still expresses a new story. Other than a glaring missed checkbox and another more nuanced narrative element perpetuating a toxicity found in modern media, this movie checks most of the boxes for a classic slasher and throwback-style horror movie without it feeling lazy or uninspired. Instead of repeatedly hitting us over the head with “hey remember this from the original,” it strategically places these homages and references in places that drive the main story forward.

Even the most memorable line from the original (which was actually a fan-suggested change that was initially met with opposition yet became THE line and moment most remembered from the original movie), “what are you waiting for, huh, what are you waiting for?,” was used incredibly well in this movie. For those that, like me, may watch the original IKWYDLS every Fourth of July, there are other nods to the original that are lurking in the background or shadows, but will add a little extra enjoyment in watching 2025’s IKWYDLS.

Three of the central characters from the original movie and one from the 1998 sequel do make appearances in this entry into the series. Two are rather signifiant, whilst the two others are little more than cameos. Still, getting to see them reprise their roles to varying degrees was huge in connecting the events of this film to the events of 1997. The connection is somewhat meta in that, among other dynamics, there is an obnoxious true crime podcaster that is traveling to Southport to cover the 1997 killing spree by the hook-handed slicker-wearing slasher in the quaint fishing village near Wilmington, NC (in reality, much of the original movie was filmed in Wilmington). But it’d be inaccurate to characterize this movie’s connection to the original being completely meta. It’s a nice balance between staying true to the movie world but connecting it to our real world. 2025’s IKWYDLS parallels characters to the original, but in ways that work for this story and not merely as throwbacks to the original.

Avoiding spoilers, I want to touch on the three negative criticisms I have of this movie, as best as possible. Firstly, there is a bold choice made by past slashers that is ultimately non-existent in this movie. The whole time, I am waiting for that moment–to truly drive up the stakes and ratchet up the suspense–and just when I think Robinson is going to play it too safe, she delivers it–or so I think. Then, she undoes the bold choice that I felt she made in order to more closely follow the tried and true slasher formula THAT WORKS (if the formula works, don’t change it). This move is necessary for a variety of reasons that I cannot get into without giving too much away, and Robinson fails to deliver. Consequently, this movie also devalues and even ignores a key character type that is (again) a crucial component of the slasher formula. Secondly, Robinson’s screenplay perpetuates a dangerous stereotype in contemporary media that not only works against crafting a realistic portrait of a collection of characters but also lowers the stakes because there lacks reasonable emotive and social connections. Even slashers have both redeeming and unredeeming characters.

Lastly, Robinson clearly panders to GenZ. One thing Kevin Williamson’s Scream, I Know What You Did Last Summer, and The Faculty taught us is that you can write a movie that appeals to young people without pandering to them. Taking notes from that, screenwriters can write something aimed at 17–24 year-olds that, those of us that are older, can still enjoy watching as well.

If you are a slasher fan, then I still recommend watching 2025’s I Know What You Did Last Summer, because it feels like a summer movie and reminds us of why the slasher is such a tentpole in the history of horror movies.

Ryan is the general manager for 90.7 WKGC Public Media in Panama City and host of the public radio show ReelTalk “where you can join the cinematic conversations frame by frame each week.” Additionally, he is the author of the upcoming film studies book titled Monsters, Madness, and Mayhem: Why People Love Horror. After teaching film studies for over eight years at the University of Tampa, he transitioned from the classroom to public media. He is a member of the Critics Association of Central Florida and Indie Film Critics of America. If you like this article, check out the others and FOLLOW this blog! Follow him on Twitter: RLTerry1 and LetterBoxd: RLTerry