What the hell is that? And that, horror fans, is the best way to leave your audience salivating for more when it comes to premiering a first trailer for the newest entry in your burgeoning horror anthology film franchise. Over at ShockTillYouDrop, the first trailer for S-VHS has popped up mere days before the film premieres at this week’s Sundance Film Festival. It’s a slim little number, but it kicks off with a slice of what I’m guessing might be my favorite section from the new film – a child’s birthday party at what looks to be a family’s cabin in the woods, interrupted by something that likes to screech like a combination banshee and T.Rex. Banshrex. T.Shee. Either way, I can’t wait to meet it. This time around, the directing talent behind the anthology film includes Simon Barrett, Adam Wingard, Edúardo Sanchez, Gregg Hale, Timo Tjahjanto, Gareth Evans, and Jason Eisener, so yes, there’s probably going to be something here for everyone. I saw and reviewed the first VHS at last year’s Sundance and flipped for it (and screamed and cried and tried to hide in my sweater and scarf to no avail), so my hopes are quite high for this next entry. Ready to see some of what the next chapter in the VHS franchise holds? Take a look at the first trailer for S-VHS after the break. Have your sweaters and scarves at the ready.