The Conjuring is dead(ish), long live Paranormal Activity ! With The Conjuring: Last Rites having brought one huge possession-based horror franchise to a close earlier this year ( HBO Max series and prequel movie pending), that series' creator James Wan has swiftly set his sights on revivifying another. Per THR 's reporting, Wan — whose production company Atomic Monster recently merged with Jason Blum's Blumhouse — has come aboard to produce a new Paranormal Activity movie at Paramount.

Kickstarted by Oren Peli's humbly budgeted $15,000 2009 found footage horror, which chronicled a young couple's increasingly chilling encounters with a demonic spirit, the Paranormal Activity franchise has actually spanned seven movies to date — the most recent being 2021's Paranormal

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