When asked specifically if there'd ever be another Evil Dead movie with Raimi himself at the helm, Raimi had this to say about the concept.
"Bruce [Campbell], Rob [Tapert] and I are working with a young [filmmaker] who is writing a new Evil Dead story that he will direct. As for me.... I would love to direct a new Evil Dead movie... but I'd really like to do it with Bruce. And he says he's retired the character. I hope not."