The director's latest film is 'Oz The Great and Powerful', the Ace Showbiz reported.
"I would love to make Evil Dead 4. My brother and I plan to work on the script this summer," the former 'Spider-Man' director said.
The brothers have previously collaborated on 1992's 'Army of Darkness', the third installment of 'Evil Dead' trilogy.
They also worked on 'Darkman' and 'Drag Me to Hell'.
The new 'Dead Evil' movie is being directed by Fede Alvarez.