The bad news first. There doesn't appear to be any Region 1 Phantasm box set in the works… at least not from Scream Factory, who released a fantastic Collector's Edition of Phantasm II several years ago. It had been hoped in the wake of Scream and Anchor Bay's partnering for the Complete Halloween box set that they might team again for a Phantasm set. As many phans know, films one, three and four are currently out of print in the United States. It is unknown whether or not Anchor Bay still holds distribution rights to those entries or if they have reverted back to Don Coscarelli. It would be great if Scream were attempting misdirection here via their Twitter account, but we'll take them at their word.
@SLC_Andreas @Anchor_Bay Sorry not Phantasm box is in the works
— Scream Factory™ (@Scream_Factory) January 29, 2015
Now for the potentially good news. This is strictly speculation! Death Waltz Records posted a photo of a silver sphere to their Instagram account yesterday with the quote, "You play a good game, boy, but the game is finished. Now you die."
Death Waltz is well known for producing limited edition vinyl scores for classic horror movies. Even better, they were purchased by Mondo Tees last September, who released a highly collectible Phantasm poster several years back that we know Don Coscarelli really dug. Might this be a tease for a future vinyl re-release of the original Phantasm score? Fingers crossed. Thanks to Peter Marullo for this scoop!