The Company of Wolves is an utterly adult reinvention of "Little Red Riding Hood," in which the wolf is "hairy on the inside" and Grannie (Angela Lansbury) is adorable but oddly ambiguous. The setting is not the world of nightmares but that of dreams, and instead of the good-or-evil dichotomy of the horror film there is the morally neutral inclusiveness of inner consciousness. At issue is the terror and thrill of emerging sexuality, as discovered in the dreams of a thirteen-year-old girl. The narrative is built of tales told within a dream-fantastic tales of men and beasts, and of their seductive union in the legendary figure of the werewolf. The legend is turned upside down and inside out, as each tale deliciously contradicts the last, mingling feminism with eroticism, horror with sly, absurdist comedy, and, finally, dreams with reality.-Naomi Wise, excerpt, Express