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Written by Seth Abramovitch | 27 Oct 2009, 8:40 AM | 1 comment

And For Oren Peli's Next Trick...: peli_oren.jpgYou’d think Oren Peli, whose $11,000 horror film Paranormal Activity has ballooned into a $62 million-and-counting megahit for Paramount, would have no trouble finding deep-pocketed suitors to back his next project. You’d be wrong. His Area 51,a sci-fi thriller shooting now in Utah, has a budget of $5 million, and is reportedly searching for bids of $10 million for domestic distribution rights. So far, Paramount, Lionsgate, Overture and at least three other studios have passed. Foreign rights, meanwhile, will be put up for sale at the American Film Market in Santa Monica next week — a harder sell if no one is ready to pony up for U.S. rights. Does this all have to end like The Blair Witch Project? We’d prefer to think that in Hollywood, talent prevails. But as we well know — chaos reigns. [NY Times]

Tagged: oren peli, paranormal activity

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From JudgeFudge | Reply
Posted 27 Oct 2009, 9:59 AM

Okay, Are there any college kids out there? If you want Area 51 to be distributed in the U.S., just tweet #are51usdistribution.

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By the Numbers: weekend takes every Monday
Avatar 20th C Fox
$34.9M
$554.9M
Legion Sony
$17.5M
$18.7M
Book Of Eli Warner
$15.7M
$62.0M
Tooth Fairy 20th C Fox
$14.0M
$14.6M
Lovely Bones Paramount
$8.4M
$31.7M
Sherlock Holmes Warner
$6.6M
$191.5M
Alvin: The Squeakquel 20th C Fox
$6.4M
$20.4M
Extraordinary Measures CBS
$6.0M
$6.0M
It's Complicated Universal
$5.8M
$98.7M
Spy Next Door Lionsgate
$4.5M
$18.8M
Data courtesy of Rentrak