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Gird your horror-loving loins for more security camera spookiness, because yet another Paranormal Activity is on its way. According to The Wrap, Paramount CEO Jim Gianopulos announced at CineEurope in Barcelona that a seventh entry in the found-footage franchise is officially in the works. The studio will once again partner with producer Jason Blum, the Blumhouse head honcho who basically figured out the ideal low-budget, high-reward formula that’s been making a killing at the box office these last few years.
The first Paranormal Activity became a bit of a phenomenon when it was released in 2009, a chillingly effective haunted house spookshow that grossed $193 million worldwide on an absurd budget of roughly $15,000. (Still one of the biggest profit margins in movie history.) Since then, the franchise has grown in both scope and story wonkiness, turning a relatively simple poltergeist story into a six-movie...
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