Monster squad is the classic 1987 comedy written by Shane Black (Lethal Weapon) and directed by Fred Dekker (Night of the Creeps). The story revolves around a group of teenagers that form a club, or 'squad', to honor the classic movie 'monsters' of yesteryear. Of course some supernatural stuff happens and they end up in a showdown with said monsters. A new movie with the title of Monster Squad has just been greenlit by Warner Bros. with Mike Mitchell (director of the upcoming Shrek Forever Afters) at the helm, but it's not what you might expect...
The current plot for "Monster Squad" is being kept under wraps for now, though this is only one of several incarnations of the project. "Monster Squad" initially came to the WB in the form of "Nightcrawlers," a spec script written by Brian Lynch in 2000. The project changed through a bevy of different writers over the years before finally settling on Copeland's script, which is said to have "a balance of laughs and chills."
Personally I don't understand the motive behind changing the name. The name will mean nothing to the younger generation that the movie will presumably be aimed at, and by using the name without having any connection to the original is only going to alienate fans of the original. It seems like Warners are intentionally shooting themselves in the foot. Either go the whole way and call it 'Monster Squad 2: The Legend of Frankenstein's Gold' or give it a different name, it's not that hard; 'Team: Monster', 'Ghoul Patrol', 'Nightmare Bandits'. See?