A watered-down reimagining and a fishy sequel
It starts out with a cast of unknown that contrasts with the big names of the first films. Once you've had your dose of that, quick cuts, other cheap editing means, poor directing and botched writing, you know the franchise is in trouble. The budget has dropped significantly, making it evident that this brand is now left to decrepitude. Aside a neat surprise near the end, this fails on all levels.
The infamous fisherman returns. Suspending disbeliefs in regards to the mystery surrounding the antagonist is nearly impossible at this point. The script is thin and drilled with plot holes. The situations described are superficial and nonsensical. The initial premise is ludicrous because it is handcuffed to two much better films that it can’t match in terms of quality, style and audience.
Sometimes seemingly improvised by the director and the performers, I’ll Always Know What you Did Last Summer is as tedious to watch as its title is to pronounce. It contains bad photography, lazy framing and poor lighting. It’s nowhere near Hollywood's standards, but it contains a crucial twist that almost redeems it and opens the door to many more sequels, given the studios still care.