Those who enjoy scary movies owe a debt to Gus Van Sant for his unusual method of recreating the horror film Psycho. It’s clear that simply updating an older movie with more money doesn't show any imagination and often results in something dull and repetitive, which is what most horror enthusiasts dislike. Van Sant's remake of Psycho, where almost every scene mirrors the original, illustrates this point perfectly. It was just plain boring. Even for viewers unfamiliar with the initial film, the story moves too slowly for audiences accustomed to faster pacing. To connect with an audience that already knows the original story well, a remake needs to offer something fresh and different while still respecting the core narrative. It’s fortunate that no other director seems inclined to attempt this approach. If you want to understand how to successfully revive a horror film, look at examples like The Evil Dead from 2012, Dawn of the Dead released in 2004, or David Cronenberg's The Fly (1986).

Source on TMDB