Paramount Pictures is reviving the Paranormal Activity franchise, with Ian Tuason in final negotiations to direct the new installment, marking a full relaunch of the series that began in 2007. The original film, made on a $15,000 budget, grossed $194.2 million globally, propelling Blumhouse into a horror powerhouse. Tuason, known for his unique horror shorts and the award-winning feature Undertone, will collaborate with original creator Oren Peli and producer James Wan. This project is particularly meaningful for Tuason, who has cited the original Paranormal Activity as one of his most frightening films.
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