Neve Campbell exits the Scream franchise.

The actress revealed in a statement to The Hollywood Reporter that she will not be returning in the sixth instalment

In her official statement, she shared that the offer she was offered was inadequate for her role in the film series.

Campbell disclosed, "Sadly, I won’t be making the next Scream film. As a woman, I have had to work extremely hard in my career to establish my value, especially when it comes to Scream.

"I felt the offer that was presented to me did not equate to the value I have brought to the franchise." she added.

Campbell portrayed the protagonist Sidney Prescott in the 1996 original film.

Created by Kevin Williamson and Wes Craven, the film quickly achieved cult status and now is one of the biggest franchises in the slasher genre.

Meanwhile, Paramount and Spyglass are gearing up for a sixth instalment

As for the film, things are moving as planned and the film will begin shooting this summer for a scheduled release on March 31, 2023.