Development of the film began in the mid-1970s when David Foster and fellow producer Lawrence Turman suggested to Universal Pictures an adaptation of the 1938 John W. Campbell novella Who Goes There?. It had been loosely adapted once before in Howard Hawks's and Christian Nyby's 1951 film The Thing from Another World, but Foster and Turman wanted to develop a project that stuck more closely to the source material. Screenwriters Hal Barwood and Matthew Robbins held the rights to make an adaptation, but passed on the opportunity to make a new film, so Universal obtained the rights from them. In 1976, Wilbur Stark had purchased the remake rights to 23 RKO Pictures films, including The Thing from Another World, from three Wall Street financiers who did not know what to do with them, in exchange for a return when the films were produced. Universal in turn acquired the rights to remake the film from Stark, resulting in him being given an executive producer credit on all print advertisements, posters, television commercials, and studio press material.
