I don't get why they wasted the resources securing the rights for Teen Wolf when it bears absolutely no resemblance whatsoever with the movies outside of the names of two characters, neither of whom are anything like their namesakes.
Chances are, the studio already owned the rights, so why let them go fallow?
"So, about Teen Wolf.
Maybe we ought do something new with those rights?"
"Like a more serious version?"
"Sure. That might work. Beats letting the property gather dust . . . ."