Well here’s something which was totally expected! Paramount have officially announced that Paranormal Activity 5 will be arriving in cinemas in time for Halloween next year. With Paranormal Activity 4 (review) just getting over its first weekend of release, you’d think the decision was a little hasty, but then I think they had this planned all along. Paranormal Activity 4 was a major let down in quality in the series, yet it was clear the film was a simple stop-gap and that something much more interesting is planned.
However, from a number of negative reviews and the film scoring a not very good “C” based on fans reviews on Cinemascore, is it possible that people are growing tired of this formula? Box office taking suggest so, with Paranormal Activity 4 set to become the lowest earning film of the franchise since the first film opened in limited cinemas back in 2009. In the US the film opened at number one, yet only made $30.2 million, and with the film making a further $25.6 million worldwide, this puts the fourth films earnings so far at $56 million. However, with the film only costing $5 million to make, it is a good earner for Paramount and you can see why they plan a fifth film.
However, last years Paranormal Activity 3 opened in the US with $52.5 million and set a new October record, and Paranormal Activity 2 opened in the US in October 2010 earning $40.6 million. This puts Paranormal Activity 4 down $22 million in the US alone compared to last years opening, and $10 million down on Paranormal Activity 2’s opening in 2010. Not a good sign, and the negative reviews are not helping either with the film showing a huge drop in earnings over the weekend. However, it is still making a lot of money, and there is clearly still a big interest in these films. The entire franchise so far has cost a mere $8 million to make, and has so far earned $576 million worldwide, so I wouldn’t even expect Part 5 to be the end of it!
There are no details yet on where exactly Paranormal Activity 5 will go with regards to the story, and there are no actors, writers or even a director attached as yet. However, Paranormal Activity creator Oren Peli will return to produce with regular collaborator and producer Jason Blum.
Paramount have also revealed a planned release for their Latino-themed Paranormal Activity spin-off which is being directed by Christopher Landon (writer of Paranormal Activity 2 and 3). If you stayed past the closing credits of Paranormal Activity 4, you would have seen a brief teaser to what we can expect from the as yet untitled Latino spin-off, and Paramount have said they are aiming for a Spring 2013 release for the film. The reason for the Latino spin-off is that it would appear that a lot of support for the franchise comes from Latin America, and the makers want to give them something based on that. A Paramount insider told Deadline : “This will be an off-shoot aimed at the groups who have been the biggest supporters of the property – Latinos and folks in Latin America – Mexico, Brazil, and Argentina.”
Here is what we reported on the Latino spin-off back in April:
The new film is looking to take on a Latin based theme, using mostly Latino characters, and will use Catholic-based paranormal mythology. Paranormal Activity and Insidious producer Jason Blum will reunite with Peli once more, and the project will also see the pair working again with Christopher Landon (writer of Paranormal Activity 2 and 3).
The expectation is that the project will begin shooting in the next several months, and Landon will be both writing and directing. Paramount, who will be releasing the film, have hinted at a January 2013 release, hoping to reproduce the success of The Devil Inside, which was released January this year. Steven Schneider, who also helped produced Paranormal Activity and Insidious, will serve as producer on this new low budget project.