Do you remember hearing about Guillermo del Toro’s newest horror film Don’t Be Afraid of the Dark? It was one of the most terrifying panels at last year’s Comic-Con, and we mean that in a good way. The film that stars Katie Holmes and Guy Pearce, somehow missed its initial release date, which was set for January 21, 2011. The movie dropped into the abyss of forgotten films, but according to THR it’s got a second shot at life.

The trade reports that Don’t Be Afraid of the Dark has been picked up by FilmDistrict, and they plan on releasing the project on August 12. That’s a long ways away from January but at least it’s something. The collapse of Miramax via Disney is what essentially kicked the film to the curb in the first place.

Don’t Be Afraid of the Dark is based on a 1973 made for TV movie about a girl who moves in with her dad and his girlfriend, only to discover that they’re sharing their home with some “devilish creatures.”

What do you think of Don’t Be Afraid of the Dark’s delayed release? Are you still excited for the film?