Paramount Pictures’ new Paranormal Activity project is moving at a spirited clip.

Less than two weeks after it was revealed that the studio had partnered with Blumhouse-Atomic Monster on the horror reboot , The Hollywood Reporter has learned the project has now landed a director: rising Canadian filmmaker Ian Tuason .

The new Paranormal is a rebirth of the found-footage horror franchise first released in 2007. The seven movies have been huge moneymakers, thanks to having low-budgets; the original movie was famously made for only $15,000 (and then given a new sheen and a new ending by DreamWorks Pictures, then part of Paramount, for $200,000) and cited as one of the most profitable movies ever made. It also helped launch Blumhouse into the horror powerhouse it is today.

Param

See Full Page