Paramount has ordered up some more 'Paranormal Activity' this October. But will it be another 'Book of Shadows?

The studio is set to launch the sequel to the low-budget mega hit on October 22, according to The Hollywood Reporter. The film's producers, Jason Blum and Oren Peli, are keeping plot details airtight -- we don't even get a title yet -- but they've asked screenwriter Michael R. Perry to pen the follow-up and 'Saw VI''s Kevin Greutert to direct. img hspace="8" border="1" align="right" vspace="8" alt="" id="vimage_2632317" src="http://www.blogcdn.com/blog.moviefone.com/media/2010/01/paranormal-activity-2-in-oct-200ms011910.jpg" />Paramount has ordered up some more 'Paranormal Activity' this October. But will it be another 'Book of Shadows?

The studio is set to launch the sequel to the low-budget mega hit on October 22, according to The Hollywood Reporter. The film's producers, Jason Blum and Oren Peli, are keeping plot details airtight -- we don't even get a title yet -- but they've asked screenwriter Michael R. Perry to pen the follow-up and 'Saw VI''s Kevin Greutert to direct.

At last count the original 'Paranormal Activity', which cost $15,000 to make, had raked in $151 million worldwide, prompting Paramount Film Group President Adam Goodman to launch a campaign to fund between 10-20 similar films for less than $1 million each year.

But perhaps the best barometer 'Activity''s success as a franchise is 1999's 'The Blair Witch Procject', whose original film had a lot in common with 'Activity' (no-name cast, shoestring budget, gritty look, massive over-performance at the box office), yet its sequel saw a $214 million drop-off in earnings when 'Book of Shadows: Blair Witch 2' only pulled in $26 million.

So will 'Activity' suffer the same fate? The producers don't seem to think so.

"These guys get it," the producers told THR about their screenwriter-director combo, "and the fans won't be disappointed."
categories Movies