Posted on Monday, June 11th, 2012 by Russ Fischer
Since Paranormal Activity became a runaway success for Paramount, the studio has become more and more interested in low-budget films that might have high profit margins. There have been two more Paranormal Activity films, with a third sequel on the way, and the company started a sub-label called Insurge meant to buy or produce so-called ‘micro-budget’ films. The first big Insurge release was the terrible The Devil Inside, which despite being crap, grossed just over $100m globally against a budget of $1m.
In any business, we call that ‘encouraging.’
So Paramount is sallying forth with more low-budget thrillers. The next may be a science fiction affair called God Particle. J.J. Abrams and Bad Robot are being set to produce the script, which was written by Oren Uziel. Read More »