The first abortion from the Dark Universe

and they had great source material but had to modern it up

what sane person would think Tom Cruise needs to be a part of DU

This isn't the 1st abortion, not technically anyways. It's at least the 3rd. Maybe even the 4th.

Van Helsing (2004)
This was the original Universal Shared-Monster-Universe kick-off title, but the idea was scrapped soon after the movie was released.

The Wolfman (2010 film)
This was the next attempt by Universal to start a shared monster universe.

Werewolf: The Beast Among Us (2012)
This started off as a sequel to BOTH Van Helsing AND the 2010 Wolfman, but ended up becoming a stand alone straight-to-DVD flick because Universal decided they would once again REBOOT the entire Shared Monster-Universe, which directly led to Dracula Untold (2014), and we all know how that one turned out.

It's hard to find sources to back up all the claims I just made, but I've been actively following movie production news since 2000 and distinctly remember Universal claiming all the movies I just listed above were all attempts at a cinematic shared monster-verse.

EDIT:

I somewhat bizarrely found a source on this very website; and old forum post from the IMDB board from when Werewolf: The Beast Among Us (2012) was still in production.

https://moviechat.org/tt1987028/Werewolf-The-Beast-Among-Us/58c885f0d1ea5c147075b090/Still-no-pics

EDIT 2: A more reliable source courtesy of ScreenRant

https://screenrant.com/werewolf-beast-among-us-movie-wolfman-2010-sequel/

And more:

https://www.inverteddungeon.com/index.php?section=flicks&page=werewolf_beast_among_us

https://www.ichoosetostand.net/2017/12/review-werewolf-the-beast-among-us.html

https://www.syfy.com/syfywire/hugh-jackmans-van-helsing-has-better-lessons-dark-universe-mummy