R | | Action, Fantasy, Horror
Mike and Reggie continue to hunt the mysterious Tall Man, discovering along the way that the invasion has already begun.
Production wrapped in mid 1993. The distribution of the project was then put on hold by Universal for almost a year, while debates went on as to whether the film would be released theatrically and then go to video, or if it should be released straight-to-video. After a very limited theatrical release in 1994 ( in Japan, and festival screenings in North America, Belgium, and Argentina ) , the movie went straight to video in 1995.
You're in trouble. You're in trouble.
(at around 2 mins) In the white room, the camera pans from the Tall Man's corpse to the fork gate to reveal a new Tall Man emerging. Briefly, you can see the actor's reflection in the rightmost prong as he waits for the right moment to pop out.
In versions released in the US, the opening credits read PHANTASM: LORD OF THE DEAD, but the end credits read PHANTASM III.
The 1994 UK Guild video release featured the R-rated print and was further edited before submission by the distributors to remove all footage of nunchakus. The 2005 Anchor Bay DVD was the complete and uncut version.