…after making a killing with Paranormal Activity.

Well, well, well. Finally some good news from one of the big studios.

Thanks to the amazing $100 Million domestic box-office success of Paranormal Activity, which was originally made for $15,000 US, Paramount has unleashed a plan to produce between 10-20 sub-$100,000 films a year with possibility of theatrical release for some of them.

This opens up an outlet for new-comers to the industry to break-in and actually get their film made. In a world where a $1 Million production is considered low-budget, it is often impoissible for an aspiring writer to convince a studio that there is financial benefit in producing their script. With this new relevation from Paramount, aimed at producing films from both established and newbie writers, I think we might see a new era of cinema coming where STORY actually matters more than ‘mass-marketability.’

There is hope!

Source: Variety