According to this article on Dread Central, Malcolm McDowell is going to be starring in a remake of the film to be titled simply Silent Night.
"To be produced by Richard Saperstein (The Mist), Brian Witten (Chernobyl Diaries) and Shara Kay (The Barrens), Silent Night is set to go before cameras next month in Winnipeg, Manitoba, Canada, with Malcolm McDowell starring as Sheriff Cooper, a small-town hero ready for some big-time action. Miller will direct from a script by exec producer Jayson Rothwell. Anchor Bay has picked up North American distribution rights to the project that will unspool this holiday season."
I like the original but it's far from flawless.
Steven C. Miller is directing, the guy who made Automaton Transfusion.