I thought I heard Bruce Campbell said any remake was shelved due to negative fan reaction (I dont have a source for this though).
I do know however that Bruce is extremely against the idea of a fourth film. When I saw him at a press screening for My Name Is Bruce he compared it to doing the fourth Indiana Jones and how eveyone had hated that.
I have heard quotes from Sam Raimi saying hes working on an Evil Dead IV script with is brother Ivan and that when the time comes he will be able to convince Bruce. I'm not holding my breath though...
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